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Product Champion - to - Program Definition Phase

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Product Champion

A high-ranking individual who owns the vision of the product and acts as an advocate between development and the customer. [D04748]

Product Description

A description of the purpose, form and components of a Product. The Product Description should be used as the basis for acceptance of the product by the customer. [D03894]

Product Experts

Those who have expertise in a particular line of products. [D03181]

Product Flow Diagram

A representation of how the products are produced by identifying their derivation and the dependencies between them. [D01290]

Product Improvement Plan

The approach to achieving increased capability over time. [D04187]

Product Liability

A generic term used to describe the onus on a producer or others to make restitution for loss related to personal injury, property damage or other harm caused by a product or service. [D01291]

Product Life Cycle

The complete history of a product through its concept, definition, production, operation, and obsolescence or disposal phases.
Editor's Note: The distinction between product life cycle and project life cycle is that the latter does not include the last two phases. [D03216]

Product Life Cycle Costing

Costing that takes account of the initial capital cost of construction and the recurring costs of repair and maintenance, together with depreciation.
Editor's Note: The purpose of depreciation is to provide funding for the ultimate replacement of the facility. This should also include the cost of disposal of the original where applicable. [D02630]

Product Quality Review

An action by the government to determine that the quality of supplies or services accepted by the government do, in fact, comply with specified requirements. [D01293]

Product Realization Team ("PRT")

A multi-disciplinary team that is responsible for the definition, development, delivery and support of a product through concurrent engineering methods. [D01294]

Product Requirements Document ("PRD")

A high level description of the product (system), its intended use, and the set of features it provides. [D04750]

Product User

A final recipient primarily interested in the output of the system. [D04188]

Production

The making of goods available for use. [D03182]

Production Capacity

The maximum volume of goods or services that can be made by a process, system, organization or unit. [D03183]

Production Cost

The cost incurred in the process of creating goods or services. [D03184]

Production Engineering

The application of manufacturing knowledge to the design and development of the configuration item to facilitate manufacturing. Includes analyses of design producibility and production operations; application of manufacturing methods, tooling and equipment; control of the introduction of engineering changes; and employment of manufacturing cost control techniques. [D04189]

Production Management

The effective use of resources to produce on-schedule the required number of End Items that meet specified quality, performance, and cost. [D03675]

Production Model

A production demonstration model, including all hardware, software, and firmware, manufactured from production drawings and made by production tools, fixtures and methods. Generally, the first article of the production unit run initiated after the Production Readiness Review (PRR). A prototype model, also built from production drawings but under engineering supervision, may precede the PRR to provide confidence in authorizing fabrication of the production model. [D04190]

Production Permit

Written authorization, prior to production or before provision of a service, to depart from specified requirements for a specified quantity or for a specified time. [D01295]

Production Phase

In this, the third phase in the generic project life cycle the rate of resource expenditure is greatest. It should proceed as efficiently as possible based on the effective planning conducted in the previous phase. Changes in project definition should normally be minimal. [D03741]

Production Program

A plan for producing a series of separate goods or services generally in sequence, if there is only one plant or system. Sometimes referred to as production runs. [D03185]

Productivity

The actual rate of output or production per unit of time worked.
Editor's Note: Since productivity equals units of product divided by effort, productivity is inversely proportional to effort. [D03676]

The measurement of labor efficiency when compared to an established base. It is also used to measure equipment effectiveness, drawing productivity, etc. [D01297]

The rate of output of a workman, or group of workers, per unit of time, usually compared to an established standard or expected rate of output. [D03639]

Product-Line Architecture

Defines element types, how they interact, and how the product functionality is mapped to them. It may also go further by defining some of the instances of the architecture elements. This term generally applies to a set of products within an organization or company. [HOF98] [D04749]

Profession

See Recognized Profession. [D04676]

Professional

The term referring to members of those professions having a recognized status based upon acquiring professional knowledge through prolonged study. Examples of such professions include accountancy, actuarial computation, architecture, dentistry, engineering, law, medicine, nursing, pharmacy, the sciences (e.g., biology, chemistry, and physics, and teaching). To be a professional, a person must not only be qualified but must also be involved in discharging corresponding professional duties. [D03549]

One who is engaged in one of the learned professions and/or who makes it a permanent career. Characterized by or conforming to the technical or ethical standards of a profession. Exhibiting a courteous, conscientious, and generally businesslike manner in the workplace. Following a line of conduct as though it were a profession.
Editor's Note: Unfortunately, the term tends to be used to apply to anyone who performs or behaves as might be expected according to common standards. [D03186]

Professional Associations

Organizations that are legally constituted to certify professionals and ensure a high standard of competence, usually in the interests of public safety and protection. [D03187]

Professional Services Agreement ("PSA")

The form of contract entered into between an organization and a professional services provider. [D05046]

Professional Services Project

A project in which the major value of the product of the project is the result of professional, i.e. intellectual, effort and is non-physical such as software, an administrative procedure, a report or book. [D04336]

Professional Services Provider ("PSP")

A professional hired on contract to fill an organization's temporary functional need. [D05047]

Professionalism

Being part of a body of people engaged in a superior calling. [D01298]

Profit

The excess of revenue over the total cost of producing the product or products for which the calculation is made. [D03677]

The amount received by a contractor above the cost of contract performance under a fixed price contract. [D04191]

Profitability

A measure of the total income of a project compared to the total monies expended at any period of time. The techniques that are utilized are Payout Time, Return on Original Investment (ROI), Net Present Value (NPV), Discounted Cash Flow (DCF), Sensitivity and Risk Analysis. [D01299]

Program

Any one of:

1. A portfolio of projects selected and planned in a coordinated way so as to achieve a set of defined objectives, giving effect to various (and often overlapping) initiatives and/or implementing a strategy.
2. A single, large or very complex project, or
3. A set of otherwise unrelated projects bounded by a business cycle.

Editor's Note: In UK English, "Program" is spelled "Programme". [D03895]

A broad effort encompassing a number of projects. [D01300]

A group of related projects that is managed together. Programs usually include an element of ongoing activity. [D01301]

An endeavor of considerable scope encompassing a number of projects. [D01302]

Used interchangeably with "project" as in "program management" or "program manager" (In the case of computer software projects, "program" usually refers to a unit of computer instruction code that performs a specific function or set of functions.). [D01324]

A set of projects with a common strategic goal.
Editor's Note: In Europe the term "program" means a network schedule. In the software industry it means computer code. [D02341]

A collection of projects related to some extent to a common objective. For example: a major project, a new business objective, or a new product development. [D03744]

The umbrella structure established to manage a series of related projects. The program does not produce any project deliverables. They are produced by the individual project teams. The purpose of the program is to:

• Provide overall direction and guidance
• Make sure the related projects are communicating effectively
• Provide a central point of contact and focus for the customer and the project teams, and
• Determine how individual projects should be defined to ensure all the work gets completed successfully. [D05049]

Program Analyst

A computer software job category with responsibility for both coding (programming) and design (analysis). [D01303]

Program Benefits Review

A review to assess achievement of targets and to measure performance levels in the resulting business operations. The review also analyses the program management process. [D03896]

Either

1. A review to assess achievement of targets and to measure performance levels in the resulting business operations. A PBR also analyses successes and failures in the program management process. The review is undertaken by a team commissioned by the Program Director, or
2. A report drawn up at the end of the program and/or of each tranche describing the findings, conclusions and recommendations of the PBR.

[D05050]

Program Benefits Review Report

A report produced at the end of a program that describes the findings, conclusions and recommendations in the program benefit review. [D01305]

Program Brief

An output of the program identification phase, describing the program and giving the terms of reference for the work to be carried out, and the program director's terms of reference. [D05051]

Program Definition Phase

The second phase of program management. A feasibility study is carried out to explore options for realizing the benefits framework described in the program brief. The program is fully defined, a benefits management regime established, and funding approval for major projects is obtained. Initial project briefs are written, specifying project deliverables and outline project plans. The results of the phase are documented in a program definition statement. [D05052]