IT project management and portfolio management

Email Alerts

Register now to receive SearchCIO.com-related news, tips and more, delivered to your inbox.
By submitting you agree to receive email from TechTarget and its partners. If you reside outside of the United States, you consent to having your personal data transferred to and processed in the United States. Privacy
  • proof of concept (POC)

    Proof of concept (POC) is documented evidence that a potential product or service can be successful.  

  • business agility (BA)

    Business agility (BA) is an concept whereby organizations seek to approach their operations and resources in a flexible, responsive manner. 

  • exit strategy

    An exit strategy is a planned approach to terminating a situation in a way that will maximize benefit or minimize damage. The planned approach can be applied to exiting any type of situation but the term is most often used in a business context, in r... 

  • rainmaker

    A rainmaker, in a business context, is an employee who generates an unusual amount of new business or revenue for a company. The new business or revenue is usually from an unknown or overlooked source, creating the impression that the assets were cre... 

  • startup

    A startup is a newly formed business with particular momentum behind it based on perceived demand for its product or service. The intention of a startup is to grow rapidly. That potential is often used to secure necessary funding from investors. 

  • maturity grid (maturity model)

    A maturity grid is an assessment tool for evaluating an organization's level of progress towards a goal. 

  • pilot program (pilot study)

    A pilot program, also called a feasibility study or experimental trial, is a small-scale experiment that helps an organization learn how a large-scale project might work in practice. 

  • project charter (PC)

    A project charter (PC) is a document that states a project exists and provides the project manager with written authority to begin work. 

  • DMAIC (define, measure, analyze, improve, control)

    DMAIC (define, measure, analyze, improve, control) is Six Sigma tool for improving an existing process. DMAIC, which is pronounced "de-may-ick," is used to regain control when a process fails to produce high quality results. 

  • project scope

    Project scope is the part of project planning that involves determining and documenting a list of specific project goals, deliverables, tasks and deadlines.