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Find clear concise definitions for common to uncommon terms.

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447 terms
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Process Execution Risk

Term

The chance that operational tasks may fail due to poor coordination or planning.

Glossary entry

Process Governance

Term

Oversight structures that ensure processes are followed and improved over time.

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Process Improvement

Term

Actions taken to increase efficiency, quality, or effectiveness in workflows.

Glossary entry

Process Ownership

Term

Accountability assigned to a person responsible for maintaining and improving a process.

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Process Ownership Clarity

Term

A shared understanding of responsibility for workflow outcomes.

Glossary entry

Process Standardization

Term

The practice of making procedures consistent across teams or locations.

Glossary entry

Process Variability

Term

The extent to which outcomes differ when a process is repeated.

Glossary entry

Process Visibility

Term

The ability to monitor workflow performance and status in real time.

Glossary entry

Procure to Pay

Term

The end-to-end process of purchasing goods or services, from requesting them to paying the supplier.

Glossary entry

Procurement

Term

The function responsible for sourcing and purchasing goods or services.

Glossary entry

Product Adoption

Term

The extent to which customers begin using a new offering.

Glossary entry

Product Launch

Term

The coordinated introduction of a new offering to the market.

Glossary entry