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BSI

Acronym for the British Standards Institution; the national standards body of the U.K., with a globally recognized reputation for independence, integrity and […]

Budget closeout

Budget closeout coincides with the end of the fiscal year. As with many aspects of budgeting, budget closeout can be simple or […]

Business impact analysis (BIA)

During this process, an organization team and/or consultant gathers information about what resources will be needed to resume essential functions after an […]

Budget at completion

The planned final cost of a task/project.

Business life cycle

A fundamental marketing concept that defines specific characteristics of products and markets at various points in their evolution.

Business case

Document which summarizes the scope, benefits, costs and risks of a proposed solution to a business need.

Building core

See common area.

Building standard finishes

Finishes provided periodically by a landlord to a tenant as part of the tenant’s base rent.

Business continuity

Maintenance and/or recovery of business operations during and after conditions of duress (a disaster).

Business process analysis (BPA)

A business tool that is commonly used to identify ways in which a process can be made more efficient, but because it […]