What is a Constraints?
Within a project or initiative management context, constraints are technological, resource, capacity, skill, knowledge or other constraints that may limit the scope or execution of the project.
What is a Controls?
Within a project or initiative management context, controls are management actions put in place, either in advance or as a corrective action, to mitigate known risks related to people, processes, costs, scheduling or other factors that can impact the success of the project.
What is a Core Values?
The organization's beliefs and principles that articulate the culture of the organization. These are the standards that describe how employees and the organization are expected to behave internally and externally. They serve as the basis for decision making and influence actions in everyday situations.
What is a Challenge (Pains)?
Strategic challenges or obstacles; derived from the SWOT assessment: Challenges= Weaknesses+ Threats.
What is a Strategy Gap Analysis?
A process for comparing an organization's current strategic planning elements with good practices to determine which elements need to be improved.
What is a Unit of Meaure?
What's being counted,such as dollars, number of items, degrees, Fahrenhait
What is a Critical Uncertainties?
Unpredictable external drivers such as public opinion or the economy.
What is a Drivers
Underlying causes of change that are external from the organization undertaking any scenario planning exercise. They are large scale forces such as funding cuts or policy changes that an individual arts organization is powerless to change in the short term.
What is a Risk
The probability of an event occurring and the scale of the impact said event would have on an organization.
What is a Risk Management
Planning how to respond to potential but defined risks with foresight rather than facts. The aim of risk management is developing strategies to reduce the impact of identified risks.