Glossary Resources

Agile is a project management and product development methodology that emphasizes flexibility, collaboration, and customer-centricity.

An agile sprint refers to a short, time-boxed period in agile project management during which a development team works to complete a set amount of work from the product backlog.

A backlog is a prioritized list of tasks, features, or items that must be completed in a project or process.

Business agility refers to an organization’s ability to adapt quickly and effectively to market changes, customer needs, and emerging opportunities.

A business plan is a formal document that outlines a company’s goals, strategies, market analysis, financial projections, and operational structure.

Continuous deployment refers to a software development practice where code changes are automatically released into production as soon as they pass predefined testing and quality checks.

Continuous improvement refers to an ongoing effort to enhance products, services, processes, or workflows over time.

cross-functional team is a group composed of members from different departments or areas of expertise who work together toward a shared goal.

Dependencies are essential in project management, helping teams understand how tasks are connected and how changes to one task can impact others.

The 4 Disciplines of Execution is a strategic framework designed to help organizations and teams achieve their most important goals by focusing on key actions and accountability.

The Epic refers to a large body of work in agile project management that can be broken down into smaller, more manageable tasks called user stories.

Feature creep refers to the gradual and often uncontrolled expansion of a project's scope through the continuous addition of new features or functionalities, which can lead to delays, increased costs, and compromised quality.

Gantt refers to a type of bar chart used in project management to visually represent a project schedule.

Ideation is the creative process of generating, developing, and communicating new ideas.

Innovation management refers to the structured process of generating, capturing, developing, and implementing new ideas to drive business growth, improve products or services, and maintain a competitive advantage.

An IT project manager is a professional responsible for planning, executing, and overseeing technology-related projects within an organization.

This model highlights how different types of features impact customer delight, satisfaction, or frustration over time.

A minimum viable product (MVP) is a version of a new product that includes only the essential features necessary to satisfy early adopters and gather feedback for future development.

The MoSCoW Method is a prioritization technique used to categorize tasks, features, or requirements based on their importance and urgency, typically in project management and product development.

The PDCA cycle is a four-step, iterative process for continuous improvement in business operations and quality management.

PERT, or Program Evaluation and Review Technique, is a project management tool used to analyze and represent the tasks involved in completing a project.

Product development life cycle refers to the structured process that a product goes through from its initial idea to market launch and beyond.

A product launch is the strategic process of bringing a new product or service to market, involving marketing, sales, and operations teams to generate awareness, excitement, and adoption.

Product mix refers to the total assortment of products and services that a company offers to its customers.

A product portfolio refers to the complete collection of products or services that a company offers to its customers across different markets and segments.

Product strategy is a long-term plan that outlines how a company will develop, position, and deliver a product to meet business goals and customer needs.

A project management process is a structured series of phases and activities designed to plan, execute, monitor, and close a project effectively.

Project management tools are software applications or platforms designed to help individuals and teams plan, organize, track, and manage work throughout the lifecycle of a project.

Project time management refers to the process of planning, organizing, and controlling the amount of time spent on specific project tasks and activities.

Quality assurance is the systematic process of ensuring that products, services, or processes meet defined quality standards and customer expectations.

R&D meaning refers to "research and development," a systematic approach that organizations use to innovate, improve existing products, and create new offerings.

Retrospective means reflecting on past events, projects, or experiences to evaluate what went well and what could be improved.

The RICE framework is a prioritization method used in product management to evaluate and rank project ideas based on four key factors: Reach, Impact, Confidence, and Effort.

The S-curve is a graphical representation used in project management to visualize a project's progress over time.

SDLC, or software development life cycle, refers to the structured process used to design, develop, test, and deploy software applications.

Stakeholders refer to individuals, groups, or organizations that have an interest in or are affected by the outcome of a project, business, or decision.

Story mapping is a visual technique used by product teams to prioritize user stories, creating an overview of the user journey and product backlog.

SPM means how an organization chooses to focus its priorities, people, and spend across their portfolio of products and services.

A strategic roadmap is a high-level visual plan that outlines an organization’s long-term goals, initiatives, and the key steps needed to achieve its vision.

Time to market refers to the total time it takes for a product, feature, or service to move from the initial idea or concept stage to being available for purchase or use by customers.

A user story is a short, simple description of a feature or function written from the perspective of the end user.

Waterfall project management is a linear and sequential approach to project management where each phase must be completed before the next one begins.

WIG, or Wildly Important Goal, is a strategic business term referring to a key objective that takes top priority within an organization.

A Work Breakdown Structure (WBS) is a hierarchical decomposition of a project into smaller, more manageable components or tasks.