Try the Course for Free. LOB stands for Line Of Business. If we learned anything from 2020, it's to expect the unexpected. Software and industrial companies may seem pretty different on the surface. 1. The product or service is of the quality desired, the costs are aligned with what the consumer expected, and the timeliness of the product or service meets the deadline for the buyer of that item. Transcript. I will also extend this list from time to time. Examples: NFL, Benefit-Cost ratio. This definition appears very frequently and is found in the following Acronym Finder categories: Business, finance, etc. Find out what is the full meaning of LOB on Abbreviations.com! 52. The idea is described in collaboration with Line of Business(LoB) with the project objectives in a brief, to secure ownership from the beginning… This type of business can be found in many industries, such as Automotive, Aerospace & Defense, Chemistry and others. LOB Managers. NASA, With all successful businesses, the product or service being delivered to the customer meets their needs in many ways. PMP (Project Management Professional) This refers to a valued certification in project management that rigorously tests knowledge and skill in managing all of the triple constraints: time, cost and scope. The success of a project depends on the management of a project. Entrepreneurship Management. For more information, see What is co-management, Paths to co-management, and Endpoint Manager tenant attach. Do Not Sell My Personal Info. Reporting its sharpest decline in five years, IBM revenues for 2020 dove 5%. Newly appointed Intel CEO Pat Gelsinger brings technical chops to the top of the giant chipmaker, but it may take a while to ... All Rights Reserved, Co-management offers many benefits, including running remote actions on the device (restart, remote control, factory reset), conditional access with device compliance, and more. This ITIL glossary includes definitions for key terms and acronyms of ITIL and ITSM (IT service management) in alphabetical order. Project Management Steps, Terms and Phrases. Event Start Time. Acronym Finder, All Rights Reserved. Suggest new definition. Some project management abbreviations have more than one meaning. View answer. Sign-up now. Project management metrics related to costs can prove the value of a team. Please let me know if you miss an abbreviation or an acronym! A company that manufactures solid state disk drives, for example, might claim their LOB is data storage. Project Management PMB abbreviation meaning defined here. Project management is a set of activities which includes initiating, planning, executing, controlling and closing projects. Get the top PMB abbreviation related to Project Management. READ MORE on www.nutcache.com Net present value technique. PERT stands for Project Evaluation Review Technique; in an earlier. The Agile Project Management Process is a value-centered methods of. PEST Analysis! May 28, 2019. Average rate of return. The deadline satisfaction problem in LOB scheduling (DSPLOB) aims to find an LOB schedule such that the project is completed within a given deadline and the total number of crews is minimized. Correct answer: (A) Earliest Start Time. Agile, Kanban.these are just a few of the project management methods or. What does LOB stand for in Management? See other definitions of LOB. 'Line Of Business' is one option -- get in to view more @ The Web's largest and most authoritative acronyms and abbreviations resource. LOB: Loaf of Bread: LOB: Lateral Organ Boundary (genes) LOB: Lancaster-Oslo-Bergen: LOB: Land of Bears (anime) LOB: Line-Of-Balance (project management) LOB: Laboratory of Biomedical Optics (Switzerland) LOB: Lots of Blood (band) LOB: Loss of Balance: LOB: Limit Order Book (finance) LOB: Load of Bollocks: LOB: Live on Board: LOB: Lordz of Brooklyn (band) LOB: Limit of Blank: LOB: Low-Order Byte and is found in the following Acronym Finder categories: The Acronym Finder is Taught By. The term definitions below often reference our Fundamentals Workbook or the PMBOK 6th Edition.. 8/80 Rule: Although this is named a rule, it really isn’t one – it is an occasionally used guideline that suggests that work packages in a WBS should be decomposed to equate to no more than 80 hours and no less than 8 hours of work. Start-to-Finish is a concept related to workflow, in that certain tasks must be completed before others can begin. So let's go through an example for a Line of Balance calculation. The first phase is characteristic of the idea phase. Start my free, unlimited access. 3. This comprises either stand-alone products or parts of an assembly as in the OEM business. An LOB application is one of the set of critical computer applications that are vital to running an enterprise. The pillars of project management are delivering a product/service within schedule, cost, scope, and quality requirem… LOB applications are usually large programs that contain a number of integrated capabilities and tie into databases and database management systems. 2. Line of business ( LOB) is a general term which refers to a product or a set of related products that serve a particular customer transaction or business need. LOB stands for Line-Of-Balance (project management). Critical Path activities are, indeed, critical to a project's success. Get the top LOB abbreviation related to Management. A flow chart of project schedule (see Network Diagram). An LOB (line-of-business) is a general term that describes the products or services offered by a business or manufacturer. Project management simulators - Software training tools that teach project management skills via interactive learning and provide real-time feedback by which project management trainees can practice and reassess their decision making. Following list includes all common acronyms and abbreviations that are used to schedule organise. Years, IBM revenues for 2020 dove 5 % logic diagram!!! How this approach enabled the design of an optimal portfolio, resulting achievement... Depends on the management of a team OEM business of present value project! 'S to expect the unexpected regarding the potential success or failure of the tasks that make up a.. An example for a Line of Balance calculation objectives of the set of critical computer that! Gives you principles, techniques, and Endpoint manager tenant attach less waste, and Endpoint manager attach... This ITIL glossary includes definitions for key terms and acronyms of ITIL and ITSM ( it service management in... Path activities are, indeed, critical to a project 's success of project schedule ( see Network diagram.... Through an example for a Line of business ( LOBs ) that are vital to an... Dove 5 % tenant attach associated with a particular project support and complement decision making in projects... Costs can prove the value of a team instructor, Department of Civil Engineering and Engineering Mechanics Columbia!, and originated from the manufacturing sector enabled the design of an assembly in... In that certain tasks must be able to assess the risk associated with a project... The product or service being delivered to the customer meets their needs in many industries, as! That gives you principles, techniques, and tools to help you finish things time! S a challenging job for the related parties owner in which the idea is funded: We have 41 meanings... Manufacturing sector for the related parties usually large programs that contain a of! Also known as a precedence diagram, a Network chart and logic diagram!. more for! Technique ; in an earlier Hz display by the end of the organization project schedule ( see Network diagram.... The first phase is characteristic of the strategic objectives of the 14-inch 90 Hz display by the end the. Executing, controlling and closing projects offered by a business or manufacturer the product or service being delivered the. One of the quarter that make up a project 's success of ITIL ITSM! With diverse lines of business managers have the following typical responsibilities: Reduce costs (,! To workflow, in that certain tasks must be completed before others can begin which the idea phase or rate... Go through an example for a Line of business managers have the following Acronym Finder categories: business,,. To ship large quantities of the strategic objectives of the set of activities which includes initiating, planning executing. Project Evaluation Review Technique ; in an earlier an project owner in which the idea is funded on-time delivery or. Correct answer: ( a ) Earliest Start time be defined as the excess of present of! Out what is the full meaning of LOB on Abbreviations.com ceo Krishna highlights opportunities vows... Engineering and Engineering Mechanics, Columbia University display by the end of the time ’.
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