Financial Development Glossary U S Economic Growth Administration

A complete glossary of phrases and definitions for all who wish to learn extra about project management applied in the development sector. Venture Development Organization (VDO) A Venture Development Organization (VDO) is a state or nonprofit entity that contributes to regional or sector-based financial prosperity by offering providers for the needs of accelerating the commercialization of analysis. Department of Commerce that’s the solely federal government company targeted exclusively on economic development.

Web applied sciences include lengthy lists of jargon and abbreviations which would possibly be used in documentation and coding. This glossary provides definitions of words and abbreviations you have to know to efficiently perceive and construct for the net. Regional Workforce Training System A system that fosters and supports multiple sectoral partnerships across a quantity of industries. Notice of Funding Opportunity (NOFO)

development glossary

The AI four-D cycle (discovery, dream, design, destiny) consists of identifying issues, analyzing causes, looking for options, and developing an action plan. As loans are repaid, the capital is returned to the fund after which reloaned to another project. RLFs are evergreen sources of funding that can be constantly recycled to assist totally different projects in perpetuity.

A product designer that is concerned in every stage of the design process, from UX research to UI implementation. The side of product growth that handles the perform and upkeep of a product’s UI. Front-end devs work on the portion of the product that the user really sees and interacts with. An Agile framework that breaks long-term product goals (called themes) down into distinct shippable models of work.

National Disaster Recovery Framework (NDRF) Enables effective restoration support to disaster-impacted states, Tribes, territorial and local jurisdictions. It provides a versatile construction that allows catastrophe recovery managers to function in a unified and collaborative method. The NDRF focuses on how best to restore, redevelop and revitalize the health, social, economic, pure and environmental cloth of the neighborhood and build a extra resilient nation. EDA is the coordinating company for the Economic Recovery Support Function (ERSF) under NDRF. Indigenous Communities

Consumer Circulate

Rather, it requires viewing the evidence that’s involved to support an argument or conclusion. The skills that comprise crucial considering include analytical pondering, open-mindedness, problem solving, and determination making. Collaboration is habits by which two or extra individuals work together towards a standard aim with equal alternative to take part, talk, and be concerned. Cognition is the mental strategy of acquiring knowledge and understanding by way of the five senses, thought, and expertise. It is a concept still within the early stages of development, and its definition and potential results are nonetheless evolving.

development glossary

A declarative programming fashion that treats computation as the evaluation of mathematical features. Exception dealing with is the method of coping with error situations in a program after they happen to forestall the app from crashing. Cyclomatic complexity is the maximum number of linearly independent paths through which management may flow in a program. A code smell is an prevalence of poor patterns that indicate more profound issues with the system design and necessitate refactoring. A two-dimensional sketch that outlines the basic construction of a product or feature and makes use of placeholders and annotations to indicate how the product will perform. An picture made up of lines, curves, and points rendered based on a mathematical method.

Design Transient

Ad hoc panels periodically convened by EDA to evaluate grant applications. Most IRCs are composed of at least three EDA civil servants who evaluate the deserves of each utility and determine how closely an application aligns with statutory program requirements. Foreign Direct Investment (FDI) Foreign direct funding (FDI) is a category of transnational investment https://www.globalcloudteam.com/glossary/ in which an investor from one country establishes a controlling dedication in a business or enterprise located in a second country. Foreign direct investment in the United States advantages employees and the American economic system; the us has been the world’s largest recipient of FDI since 2006.

In contrast to Theory X, Theory Y assumes that almost all workers are self-motivated, take pleasure in working, and will work to realize targets to which they’re dedicated. Belief in Theory Y results in a administration philosophy of belief that employees will take responsibility for his or her work and do not want fixed supervision. The concept assumes that workers are inherently lazy, dislike work, and will avoid it if they will. Belief in Theory X results in a administration philosophy of shut supervision and tight control of staff. Subject Matter Expert (SME) is an individual who’s recognized as having proficient data and expertise in a selected topic or topic space.

development glossary

Agile software program growth refers again to the methodology of delivering incremental enhancements constantly to adapt to market demand. Communication primarily based on shapes and images that can be well known without any accompanying textual content. For example, a designer can use a magnifying glass icon and trust that customers will know intuitively that it indicates a search function, even when they don’t explicitly embrace the word “search.” A course of during which source code is damaged down into its smallest testable components, every of which is then tested individually. A set of pointers that is stored within the design system and outlines how components and components must be integrated right into a product design with regard to choices like color, font, spacing, and layouts. A assortment of reusable code snippets that developers can access to make product development quicker and simpler.

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The operate could additionally be organized centrally, either independently or sitting beneath human resources (HR); decentralized throughout different business units; or be a hybrid (sometimes referred to as federated) structure. The creation of studying experiences and supplies is what leads to the acquisition and application of data and skills. HR/OD Professional is an individual who may serve in numerous roles geared toward optimizing talent and organizational processes or systems toward the achievement of enterprise objectives. Its function is to improve the draft initiative and enhance the probability that it will obtain its goals. For example, in efficiency enchancment the assessment measures the progress throughout the HPI mannequin, such as a client’s expectations and whether the basis cause has been identified.

  • Feedback is recommendation or info from one person to another about how helpful or successful an event, process, or motion is.
  • Performance Improvement is a holistic and systematic approach to assembly organizational objectives by figuring out and shutting human performance gaps.
  • Regional Workforce Training System
  • Secretary of Commerce on growing equitable financial prosperity by accelerating innovation and catalyzing expertise entrepreneurship.
  • The term is outlined in 18 USC § 1151 and forty CFR § 171.3 to incorporate the reservations of federally recognized Tribes, dependent Indian communities, and certain other areas.

Economic resilience is totally different from, however may be related to, environmental resilience. Version control methods are software used to handle changes to a codebase over time to recall specific versions later. A software improvement follow of ensuring that latest adjustments to software are deployable at any time. The area of product design that focuses on enhancing the standard of customers’ interactions with the product.

Design Sprint

A product designer’s role might focus completely on UI, or they could work as an integrated UX/UI designer. A written description of how a product can be used in a particular context or to achieve a specific consequence. One product may have a number of use circumstances describing different feature functions in numerous scenarios. Subjective metrics that assess non-numerical sides of a project, e.g. the positivity or negativity of users’ product anecdotes. The structure, group, and formatting of knowledge throughout a page or product to make it simpler for the user to seek out and understand.

A methodology of software program growth where the product is designed, applied and examined incrementally till the product is finished. Alpha testing is the process the place developers and QA groups within the organization take a look at the app to determine bugs and missing features. The means of cleansing and restructuring source code, without affecting the product’s functionality, to improve readability and get rid of inefficient and overcomplicated sections of code. The technical rationalization of all elements of a product relevant to users and developers, together with fundamentals like how to use the product in addition to things like release notes, updates, troubleshooting guides, API integration directions, etc. The management of a design staff’s instruments and assets to facilitate increased collaboration between designers and the rest of the product team.

development glossary

Talent Development Manager is a person who supervises and oversees the work of a gaggle of people and processes answerable for fostering studying and worker development to drive organizational efficiency, productiveness, and results. Competency-Based Learning is an educational method that focuses on individual skills or outcomes, generally identified as competencies (usually outlined in a competency dictionary created from an occupational analysis of the abilities required for successful performance). The approach is focused on individual learners who work on one competency at a time, with the power to skip a studying module if they’ll demonstrate a mastery of the abilities contained inside it. The Office of Management and Budget has designated EDA as the lead integrator of federal economic improvement sources.

Back-end Improvement

Accelerated Mobile Pages (AMPs) are stripped-down web pages with minimal HTML meant to optimize search outcomes on cellular devices. Because of their minimal nature, AMPs can offer quicker load occasions and less data utilization, bettering visibility on mobile gadgets. White paper is a brief report primarily based on a specific subject of concern to a company. Retrieval, generally called recall, is how the mind accesses info that has been encoded and stored. Professor/Educator is liable for teaching learners through an educational institution or course of examine.

development glossary

An API is a well-defined interface via which two software program applications can communicate with each other and summary the internal workings. The formatting conventions that decide how new product releases, updates, and patches are labeled. The most common versioning scheme uses three numbers separated by durations, the place the numbers represent major modifications, minor adjustments, and patches (e.g. macOS Ventura thirteen.0, macOS Ventura thirteen.zero.1, macOS Ventura thirteen.1). When the variable’s value changes, all situations of that variable all through the product’s code change as well. The area of product design centered on the look, really feel, and total aesthetic expertise of a digital product.

Elaboration is a deliberate follow approach where learners put content into their own words and connect it with present reminiscences corresponding to expertise or data they already have. Define, measure, analyze, enhance, and control (DMAIC) methodology is a five-step data-driven improvement process used for discount of defects, process enchancment, and buyer satisfaction. Data and Analytics are key drivers for organization efficiency and must be drivers for expertise growth.

Ethnic teams descended from the primary known inhabitants of a geographic area. For functions of grants administration, the Economic Development Administration defines indigenous communities to incorporate federally recognized American Indian or Alaskan Native tribal entities (including American Indian tribes and Alaskan Native villages). Equity

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