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Browse Our Glossary

Find clear concise definitions for common to uncommon terms.

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24 terms starting with "B"
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Backlog

Term

A list of pending work or requests that have not yet been completed.

Glossary entry

Backlog Aging

Term

The length of time tasks remain incomplete within a pending work queue.

Glossary entry

Backlog Prioritization

Term

The process of ranking pending work based on urgency and business value.

Glossary entry

Backorder

Term

An order that cannot be fulfilled immediately due to lack of available inventory.

Glossary entry

Baseline

Term

An initial reference point used to measure progress or performance improvements.

Glossary entry

Baseline Budget

Term

The approved spending plan used as a reference for financial performance tracking.

Glossary entry

Baseline Metric

Term

An initial measurement used as a reference point for tracking improvement.

Glossary entry

Baseline Performance

Term

The initial level of results used as a reference point for improvement.

Glossary entry

Benchmark

Term

A standard or point of comparison used to evaluate performance against peers or targets.

Glossary entry

Benefit Forecast

Term

A projection of expected value or gains from planned initiatives.

Glossary entry

Benefit Realization

Term

The process of ensuring that planned business value is actually achieved after an initiative is implemented.

Glossary entry

Benefit Tracking

Term

The ongoing measurement of value generated by completed initiatives.

Glossary entry