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Plan, Do, Check, Act (PDCA) cycle
An iterative model that has four phases: Plan, Do, Check and Act. The output of each phase serves as the input to […]
Performance metrics
Determines the standards by which to measure the success of the policy.
Private Branch Exchange (PBX)
A larger and more feature-rich telephone system that is part of the broad category of customer premises equipment, which refers to equipment […]
Prescriptive specifications
Dictate exactly what will be done, how the tasks will be performed and the frequency. Restrictive; they are based on specific inputs.
Portfolio management
The unified management of a group of properties. Decisions are made on the basis of achieving the maximum benefit for the owner.
Property management
A tax levied against owner, leasor or occupier of any property based on an assessment of the value of the property, its […]
Process map
Any one of several kinds of visual illustrations of how work flows. Flowcharts are the most simple, basic and linear. Cross-functional ones […]
Pro-forma statement
A financial statement prepared as a projection of the future. Attempts to present a reasonably accurate idea of a financial situation if […]
Practice
A general term that refers to the customary, habitual or expected procedure or way of doing something. It has no force of […]
Protocol
Consists of all works that never had copyright protection and works that no longer have copyright protection.