Project Constraints
The immovable limits—like time, budget, and scope—that define a project’s boundaries. Project constraints keep the team grounded, forcing creative solutions within real-world limits.
Project Workstream
A specific thread of work within a project, focused on a particular area or goal. Project workstreams are the mini-projects that come together to make the big picture.
Project Deliverable
Anything produced to meet project goals, from reports to products. Project deliverables are the “proof of work” that show a project’s progress or completion.
Proof of Concept
A small-scale test to show if an idea actually works before diving in headfirst. A proof of concept validates the concept, saving time, money, and headaches if it’s not viable.
Project Execution
Where plans turn into action, and the project takes shape. Project execution is where theory meets reality, making ideas come to life on time and on budget.
PropTech
The tech revolutionizing the real estate industry, from smart buildings to digital leasing. PropTech blends property and technology to streamline everything from buying to maintenance.
Performance Appraisal
The formal assessment of an employee’s job performance. A performance appraisal gives feedback on what’s working, what’s not, and where to grow.
PPC
Pay-Per-Click. An ad model where advertisers pay each time someone clicks. PPC is like rented attention—you pay only when people take action.
P&L
Profit and Loss Statement. The big picture of a company’s income, expenses, and net profit over time. A P&L shows whether the business is raking it in or burning through cash.
Performance Coaching
The measurable benchmarks that track progress and effectiveness. Performance metrics let you know if goals are met or missed, keeping everyone aligned on success.