Category: Business Analysis

A product lifecycle refers to the stages that a product goes through from its initial development to its eventual decline and removal from the market. 

The product lifecycle typically consists of four stages:

1. Introduction: This is the stage where the

… Read the rest

A process owner is an individual or group of individuals who are accountable for the performance of a specific business process within an organization.

The process owner is responsible for ensuring that the process is designed, executed, and managed effectively … Read the rest

A process owner is an individual or group of individuals who are accountable for the performance of a specific business process within an organization.

The process owner is responsible for ensuring that the process is designed, executed, and managed effectively … Read the rest

A product roadmap is a high-level strategic plan that outlines the goals and objectives of a product or product line over a specified period of time.

It’s a visual representation of the product’s direction and how it will evolve in … Read the rest

Salesforce is not strictly considered an ERP (Enterprise Resource Planning) system, but it does offer some ERP-like functionality. 

Salesforce is primarily a customer relationship management (CRM) system that helps organizations manage their customer interactions and sales processes.

However, Salesforce does … Read the rest

A Project Management Information System (PMIS) is a software system that is designed to help project managers and their teams with planning, executing, and controlling projects. 

It is a tool that provides project managers with the necessary information to make … Read the rest

Internal roles and external roles are two types of roles that exist within an organization.

Internal roles refer to the positions that are created and filled within the organization. 

These roles are usually occupied by employees who work directly for … Read the rest

Stakeholder identification is an essential step in any project or business endeavor.

Stakeholders are individuals or groups who have an interest or are affected by a project or business.

They can include customers, suppliers, employees, investors, regulatory bodies, and the … Read the rest

A point of sale (POS) application is a software application that enables businesses to process transactions and manage sales operations at the point of purchase.

It is typically used in retail stores, restaurants, and other businesses that handle transactions with … Read the rest

Java 8 is a version of the Java programming language and the associated software development platform. 

It was released in March 2014 and introduced several new features and enhancements to the language, including lambda expressions, functional interfaces, method references, streams, … Read the rest