Short-Term Liabilities
Debts or payments a company owes within a year, from bills to loans coming due. Think of short-term liabilities as the financial to-do list, where you’ve got to pay up soon or risk looking flaky. Handle them well, and they’re just part of the cash flow; ignore them, and they’ll remind you why you shouldn’t.
Software Build
The compiled version of your code, turning raw code into an executable program. A software build is the ready-to-use result of all that coding, testing, and tweaking, finally packaged and prepared to run. If code is the recipe, the build is the cake.
Risk Mitigation
Steps taken to reduce or eliminate risks before they get in your way. Risk mitigation is like a seatbelt for your project, preventing minor issues from causing major damage.
Scope Statement
The crystal-clear description of a project’s boundaries—what’s included, what’s not, and what’s the point. A scope statement keeps everyone aligned, setting guardrails so there’s no room for, you guessed it, scope creep.
Single Page Application
A web app that loads a single HTML page and dynamically updates as you interact with it. SPAs are all about fast, seamless experiences—think Google Maps or Gmail. One page, no refreshes, just smooth transitions. It’s modern web design with a side of convenience.
Software Library
A collection of prewritten code or functions that developers can reuse to save time and avoid reinventing the wheel. Software libraries are the toolkits that make coding faster, easier, and way less tedious. They’re the shortcuts every developer swears by.
Risk Register
A living document tracking each identified risk, its status, and response plan. The risk register keeps risks on the radar, so nothing sneaks up on you.
Scrum
A sprint-based framework for managing work, where teams break big projects into bite-sized goals and sync up daily. Scrum is fast, flexible, and collaborative, getting you to the finish line one sprint at a time with all hands on deck.
Six Sigma
A data-driven approach to eliminating defects and improving quality, usually in production or business processes. Six Sigma’s goal? Make everything run like a well-oiled machine with as close to zero errors as possible. It’s for perfectionists who think “good” isn’t good enough.
Roadshow
A high-energy pitch tour where companies meet investors to sell their stock or ideas. Roadshows are all about hype-building and networking, putting the spotlight on a company’s brightest sides.