FAIR and CARE in Information Technology Understanding FAIR and CARE in the Context of Information Technology In the realm of Information Technology, two important principles that guide data management and usage are FAIR and CARE. These principles are crucial in ensuring that data is handled responsibly and ethically. What is FAIR? FAIR is an …
Tag Archives: Business Management
TERM| Business Model Cancas
Understanding the Business Model Canvas Understanding the Business Model Canvas The Business Model Canvas is a strategic management and entrepreneurial tool. It allows you to describe, design, challenge, invent, and pivot your business model. It is a visual chart with elements describing a firm’s or product’s value proposition, infrastructure, customers, and finances. For more …
TERM| Quality Cost Time
Blog Post: Quality, Cost, Time Quality, Cost, Time: The Three Pillars of Project Management In the realm of Project Management, three key factors play a pivotal role in determining the success of any project. These are Quality, Cost, and Time. Understanding the interplay between these three elements is crucial for effective project management. Quality …
TERM| PDCA
Understanding PDCA in Business Management Understanding PDCA in Business Management In the realm of Business Management, one of the key methodologies used is PDCA. This acronym stands for: Plan Do Check Act This iterative four-step management method is used in business for the control and continuous improvement of processes and products. It is also …
TERM| Kanban
Understanding Kanban in Project Management Understanding Kanban in Project Management In the realm of Project Management, Kanban is a significant term. Originating from Japan, Kanban is a scheduling system for lean and just-in-time (JIT) production. It is a system to control the logistical chain from a production point of view, and is an inventory …
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