8 Deadly Wastes: Lean thinking aims to remove wastes from work processes. Before diving into the 8 wastes, it is important to understand what waste is. Waste is any action or step in a process that does not add value to the customer. In other words, waste is any process that the customer does not want to pay for. The original seven wastes...

Function Point Analysis is a method of estimating the size of a project by considering the input and output elements that are in the project and consolidates each type of operation into data or transaction function. The size of projects used to be computed using the KLOC (Kilo Lines of Code), but could not be applied before the project was...

A network diagram is a graphical representation of all teh tasks, responsibilities, and work-flow for a project. It often looks like a chart wif a series of boxes and arrows. It is used to map out teh schedule and work sequence for teh project, as well as track its progress through each stage, up to and including completion. Since it encompasses...

Contracts are legally binding agreements between at least 2 different legal entities named a buyer and a seller. The buyer wishes to buy certain goods or services from a seller. The seller, in return for the goods or services provided, expects monetary or other values to be paid to them. When a buyer and seller agree to work together as...

Whether you are a beginner or an experienced PPC manager, there are resources to assist and continue learning pay per click advertising. These are the essential resources for PPC managers. Training WordStream PPC University WordStream's PPC University teaches basic to more advanced skills such as remarketing. The university is live on...

A security architect takes on a vital role in an IT department. You'll design systems, manage employees and help evolve the security needs of the organization. You can rise to this senior-level position once you have garnered extensive experience and credentials in the computer security field. [contact-form-7 id="76417" title="Subscriber Demo...

Market structures provide a starting point for assessing economic environments in business. An understanding of how companies and markets work allows business professionals and leaders to accurately judge industry and market news, policy changes and legislation and how the economy shapes important decisions. [contact-form-7 id="76417"...

Certified Information Systems Security Professional (CISSP) is an information security certification developed by the International Information Systems Security Certification Consortium, also known as (ISC)². The CISSP designation is a globally recognized, vendor-neutral standard attesting to an IT security professional's technical skills and...

Cybersecurity professionals defend their organizations from cyberattacks by protecting hardware, networks, servers, and data from potential breaches. These professionals may analyze structural risks, engage in ethical hacking to test for weaknesses, or research cyberattacks on a higher level to identify patterns and develop...

I have discussed risks and risk-related terms, including secondary risks and residual risks. But I see many professionals having issues with understanding these two risks.They think residual and secondary risks are unknown risks and we use a fallback plan for them and use the management reserve if they occur. Please understand this: residual...