Glossary

Business Agility

Business Agility Business agility is the ability of an organization to sense changes internally or externally and respond accordingly in order to deliver value to its customers. Agilidad Empresarial La agilidad empresarial es la capacidad de una organización para detectar cambios internos o externos y responder en consecuencia […]

Business Analytics

Business Analytics (BA) is a set of skills, practices and methods used by businesses committed to data-driven decision-making. BA employs statistical analysis and iterative, continuous exploration of a company’s data and past business performance to gain insight and drive business planning.  Business Analytics (BA) es un conjunto de […]

Business Case

Business Case: Information that describes the justification for setting up and continuing a PRINCE2 project. It provides the reasons (and answers the question:‘Why?’) for the project. An outline Business Case should be in the Project Mandate. Its existence is checked as part of the Project Brief, and a revised, […]

Business Intelligence

Business Intelligence (BI) encompasses technologies and analytical processes that examine data and present actionable information based on reports, predictive analytics, data and text mining and business performance, for example, that help business leaders make better- informed decisions. Enterprises use business intelligence make a wide variety of strategic and […]

Business Objectives

Business Objectives: Senior-management-developed strategies designed to ensure an organization’s continued existence and enhance its profitability, market share, and other factors influencing the organization. Objetivos Comerciales Estrategias desarrolladas por la alta gerencia diseñadas para garantizar la existencia continua de una organización y mejorar su rentabilidad, participación de mercado y otros factores […]

Business Rules Extraction

Business Rules Extraction refers to the process of harvesting, and in some instances reverse-engineering, legacy code to understand underlying business methods. It helps catalog embedded business logic and dependencies to improve the accuracy of IT systems, and documents technical rules so they can be validated and preserved. La […]