Glossary Resources

Learn about acceptance criteria, a set of predefined conditions that a product or feature must meet to be considered complete. Discover best practices for writing effective acceptance criteria in Agile development.

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

Explore how Agile at Scale helps large organizations apply agile principles to boost collaboration, adaptability, and productivity. Learn about key frameworks, best practices, and real-world success stories that drive customer satisfaction and growth.

Discover the benefits of Agile Framework and learn about popular methodologies like Scrum, Kanban, and Lean. Choose the right approach for your project's needs.

Discover the fundamental concepts and guidelines of Agile Principles. Learn how they promote adaptability, collaboration, and continuous improvement for delivering valuable software solutions.

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.

Discover how to calculate ARR and its importance in assessing financial stability and growth potential.

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

Understand the essence of Backlog Grooming, its significance in agile development, the key players involved, and how it contrasts with sprint planning.

Delve into Benchmark core definition, proven methodologies, industry best practices, and insightful examples. Elevate your performance with expert Benchmarking techniques and insights.

Discover the importance of beta testing in product development. Learn how it helps uncover bugs, improve usability, and ensure a smoother user experience.

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.

Discover the process of Business Transformation and learn how to implement it successfully. Achieve sustainable growth and competitive advantage in a rapidly changing business landscape.

Learn about capacity planning, a strategic process that helps organizations allocate resources effectively to meet current and future demands.

Explore key change management principles to guide your organization through change, reduce resistance, and boost long-term success.

Discover the importance of channels of distribution in bridging the gap between manufacturers and consumers. Learn about different methods and levels of distribution to increase sales potential.

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.

Explore the definition, calculation, and examples of Cost of Goods Sold (COGS) to enhance business profitability and financial strategy.

Discover the importance of dependencies in project management and learn how to identify and manage them effectively. Explore key terms and types of dependencies for successful project execution.

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

Discover the key roles of customers in business, including their types, behaviors, and impacts on growth and marketing strategies. Dive into the essentials of customer-centric success.

Discover the definition of Customer Acquisition Cost (CAC) and learn how to calculate it. See examples and understand its importance in finance and marketing.

Discover the power of customer empathy in providing personalized support. Learn about the 4 A's of customer empathy and how it can foster loyalty and create positive experiences.

Discover the power of a Customer Journey Map. Learn how to understand your customers' experiences, identify pain points, and improve their journey for increased satisfaction and loyalty.

Understand Customer Service definition, discover why it's crucial for business success, and learn effective strategies. Gain insights on improving customer satisfaction and loyalty with practical tips and examples.

Discover the DACI Framework in our glossary. Learn how it defines roles like Driver and Approver, understand its benefits, and distinguish it from RACI.

Discover the Daily Scrum in our glossary. Understand its role in Agile methodologies, how it fosters collaboration, and its key questions and rules,.

Uncover the meaning of a Dashboard, and delve into its applications and innovative integrations like AI and IoT. Understand how dashboards are pivotal in boosting data-centric decision-making across industries.

Dive deep into the Definition of Done (DoD) in Agile methodologies. Discover its significance, who's responsible for its creation, key examples, and its role in Scrum.

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

Discover the importance of dependencies in project management and learn how to identify and manage them effectively. Explore key terms and types of dependencies for successful project execution.

Explore the concept of DevOps and its key practices, understand security integration (DevSecOps), and learn about AI's role in DevOps.

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.

Explore the Dual Track Agile methodology. Learn how it combines discovery and delivery tracks, see examples, and understand the difference from traditional Agile approaches.

Discover how economies of scale drive business efficiency and reduce costs. Learn through practical industry examples how scaling up operations can lead to significant savings and competitive advantages.

Discover the Eisenhower Matrix, a time management tool that helps prioritize tasks based on urgency and importance. Learn how to increase productivity and reduce stress.

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.

Learn how to use Fibonacci Agile Estimation to accurately estimate the effort and complexity of tasks or user stories in Agile project management. Discover the benefits of using the Fibonacci sequence as a scale for assigning story points.

Learn how to use Fibonacci Agile Estimation to accurately estimate the effort and complexity of tasks or user stories in Agile project management.

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

Discover how a Gantt Chart can help you effectively plan, track, and manage projects. Learn how to create one and explore real-life examples.

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

Explore the latest in Information Technology (IT): emerging trends, career opportunities, AI advancements, and IoT integration. Stay ahead in the IT world.

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.

Learn how iteration drives continuous improvement in project management. Explore the concept, examples, and the difference between iterations and sprints.

Discover the benefits of ITSM (Information Technology Service Management) and learn how it can improve service quality, customer satisfaction, efficiency, and risk management.

Discover how Jira, a powerful project management tool, helps teams collaborate, track, and manage their work efficiently in various industries. Learn more now!

Dive into the Jobs-to-be-done Framework in our glossary. Learn how JTBD focuses on customer needs, its 8-step process, and real-world examples to innovate effectively.

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

Discover the power of Key Performance Indicators (KPIs) and learn how they can help your organization track progress and achieve strategic goals.

Discover the importance of Lifetime Value (LTV) in understanding customer value and making informed business decisions. Learn how to calculate and increase LTV for higher profitability.

Discover the importance of Method of Procedure (MOP) and learn how it ensures consistency, efficiency, and safety in executing complex tasks. Improve your operational efficiency with MOPs.

Explore our complete guide to Business and Marketing Metrics. Learn how financial, operational, and customer metrics drive smart decisions and growth. Discover key trends, expert tips, and real-world examples to boost performance and strategy.

Discover the importance of milestones in project management and learn how they help track progress and ensure project success.

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.

Unlock the power of a strong mission statement. Learn how to express your company’s core values, goals, and purpose to inspire employees, attract customers, and guide strategic decisions. Our guide helps you craft a message that truly resonates.

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.

Learn how to prioritize requirements and features using Moscow Prioritization, a method that helps project teams determine what is essential for success. Discover examples and the MoSCoW rules of agile.

Discover how Net Promoter Score (NPS) measures customer loyalty and satisfaction. Learn how to calculate NPS and use it to improve your business.

Explore the concept of Opportunity Cost in economics and decision-making. Discover how it influences choices in finance, business, and daily life through practical examples and learn to calculate it effectively.

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

Discover the power of personas in understanding your target audience. Learn how to create business and product personas to guide decision-making and create successful products.

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

Discover how a PERT Chart can help you effectively plan, schedule, and track your project's tasks, dependencies, and timelines. Learn more now!

Learn what a business pivot is, see real-world examples, and discover how to shift strategy effectively for growth, innovation, and long-term success.

Delve into the concept of Planning Poker. Understand its role in agile estimation, the Fibonacci scale's significance, and its benefits in sprint planning.

Unravel the Product Backlog in Agile. Understand its role in product development, the differentiation from user stories, and the importance of effective backlog management.

Discover the process of product design and learn how it influences the success of businesses. Explore examples and steps involved in creating innovative and user-friendly products.

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

Discover the structured approach of the Product Development Process. Learn the 6 steps involved, examples from Apple and Tesla, and who is involved in the process.

Discover the power of product differentiation. Learn how to highlight unique features, benefits, and attributes to create a competitive advantage and attract customers.

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.

Unravel the concept of the Product Lifecycle, from its definition to its pivotal stages. Learn through tangible examples, ensuring products thrive in the market.

Learn about Product Management, the practice of strategically guiding the development and management of a product. Discover the role, responsibilities, and stages of Product Management for successful product launches.

Discover what Product Market Fit is and how it can lead to sustainable growth. Learn about the stages, examples, and measurement of Product Market Fit in business.

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

Discover how a product mix strategy can help your company optimize its product portfolio, meet customer needs, and achieve business goals.

Explore the term 'Product Ops' in our comprehensive glossary. Dive deep into the role of Product Operations, its importance in communication, and its strategic influence in businesses today.

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

Unravel the concept of the Product Lifecycle, from its definition to its pivotal stages. Learn through tangible examples, ensuring products thrive in the market.

Discover Product Prioritization Frameworks. Structured methods that guide product teams in maximizing ROI and ensuring customer satisfaction.

Learn how to create a comprehensive Product Requirements Doc (PRD) that outlines specifications, features, and success criteria for effective product development. Discover the difference between a PRD and a Business Requirements Document (BRD).

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.

Discover the power of a well-crafted Product Vision. Learn how it aligns teams, motivates stakeholders, and drives the success of your product.

Discover the role of a Program Manager and how they oversee and coordinate multiple projects to achieve strategic objectives. Learn how to become a Program Manager and excel in this crucial role.

Project governance refers to the framework of policies, roles, responsibilities, processes, and decision-making structures that guide, monitor, and control project activities to ensure alignment with organizational goals.

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.

A project roadmap is a visual document that outlines the objectives, deliverables, and timelines, providing a clear plan for achieving project goals.

Explore the essentials of a Project Sprint in Agile project management. Understand its definition, key phases, real-life examples, and best practices to optimize your team's productivity and project outcomes effectively.

Explore the concept of Project Theme in-depth. Understand its definition, discover why it's crucial for successful project management, and learn about the latest trends and evolution in theme selection.

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

Dive deep into Project Velocity in modern project management. Explore its definition, advanced insights, comparative metrics, and practical examples. Harness the power of Project Velocity for strategic planning and efficiency analysis.

Explore the world of prototypes with our comprehensive guide. Learn about different types of prototypes, their benefits in design and development.

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.

Uncover the essence of Rapid Application Development (RAD) in our glossary. Learn about its agile approach, stages, and real-world examples.

Explore Rapid Prototyping. Its definition, examples, and significance. Understand its pivotal role in modern product and software development.

Discover the methodical process of Release Management, ensuring smooth and efficient software deployments. Learn the steps, success indicators, and role of a Release Manager.

Discover the importance of resource allocation in project management. Learn how to optimize resource utilization and achieve project goals effectively.

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.

Discover how the RICE Scoring Model can help product managers prioritize initiatives based on impact, reach, confidence, and effort. Learn how to make data-driven decisions and maximize product outcomes.

A Risk Assessment is a systematic process used to identify, evaluate, and prioritize potential risks that could negatively impact an organization's objectives, operations, or specific projects.

Discover the power of a roadmap in strategic planning. Learn how to align stakeholders, prioritize initiatives, and communicate your strategic direction effectively.

Learn how to effectively visualize your product or project roadmap using various graphical elements and tools. Discover different roadmap visualization methods and popular tools to create visually appealing and easily digestible roadmaps.

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

Discover how the Scaled Agile Framework (SAFe) can help your organization implement Agile practices at scale. Learn about its three levels and how it incorporates project management practices.

Scope Creep refers to the uncontrolled changes or continuous expansion in a project's scope after it has started, often leading to cost overruns and schedule delays.

Discover the essential definition of a Scrum Master in our glossary. Learn about their pivotal responsibilities and how they differ from Project Managers.

Discover the importance of Scrum Meetings in Agile project management. Learn how they foster collaboration, transparency, and accountability among team members.

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

Discover the power of SMART Goal Setting. Learn how to set clear, actionable objectives that are specific, measurable, achievable, relevant, and time-bound. Increase your chances of success today.

Uncover the meaning of soft skills, delve into examples, and discover their significance while distinguishing them from hard skills.

Discover the concept of a sprint in Agile project management. Learn how teams collaborate to achieve goals and deliver value incrementally.

Learn about Sprint Review in Scrum, a collaborative meeting where the Scrum Team showcases their work and gathers feedback from stakeholders to ensure the product is on track. Discover its importance and how it differs from the Sprint Retrospective.

Discover the importance of stakeholder analysis in understanding and engaging with stakeholders. Learn how to identify key stakeholders, manage expectations, and mitigate risks for success.

Dive into the multifaceted world of stakeholder management with our detailed guide. Explore definitions, expert insights, and distinctions between stakeholders and shareholders. Essential reading for mastering stakeholder dynamics in modern business.

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.

Discover the definition of sunk costs and learn why they should be disregarded when making decisions. Avoid the sunk cost fallacy and make more informed choices.

Learn how to conduct a SWOT Analysis to evaluate your business's strengths, weaknesses, opportunities, and threats. Discover strategies to maximize strengths and mitigate weaknesses.

Learn about technical debt in software development, its consequences, and examples. Discover how it is managed in Agile and Scrum methodologies. Understand the causes and importance of addressing technical debt.

Learn how to effectively manage your time with the 4 Ds of Time Management. Discover how to prioritize tasks and increase productivity while reducing stress.

Analyze situations using the 5 Ws and H method. Discover the advantages of this strategy for effective communication and problem-solving.

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.

Discover the definition of Total Addressable Market (TAM) and learn how to calculate it. Understand the difference between TAM, SAM, and SOM, and how to determine the Addressable Market Size.

Discover User Acceptance Testing (UAT): its role, examples, and the key differences between UAT and QA in software development.

Discover the definition, methods, examples, and types of User Experience (UX). Learn how UX designers create meaningful and enjoyable experiences that meet user needs and expectations.

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

Dive into User Story Mapping: a visual agile tool that prioritizes the user journey. Learn its key components and its role in effective product planning.

Explore the concept of User Testing, delve into traditional and innovative methods, understand the testing process, and see how they enhance product design and user experience.

Discover what a UX Designer does, the skills they need, and their role in shaping user experiences. Learn about the evolution of UX design, its application across industries, and its significance in today's digital world.

Learn about the waterfall methodology, a structured and sequential project management approach with five stages. Discover its advantages and disadvantages compared to agile methodologies like Scrum.

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.

Explore the concept of Work In Progress (WIP) in our glossary. Dive into its significance in manufacturing, accounting, and its impact on resource and financial management.

Discover the Amazon Method of Working Backwards, a strategic approach that starts with the desired customer experience to drive innovation.