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Program management. Program management is the process of managing several related projects, often with the intention of improving an organization's performance. It is distinct from project management. [1] In practice and in its aims, program management is often closely related to systems engineering, industrial engineering, change management ...
Business administration. Technology management refers to the integrated planning, design, optimization, operation and control of technological products, processes and services, in order to manage of the use of technology for human advantage. It contains a number of management disciplines that allow organizations to manage their technological ...
Technical management. In general, technical management is the systematic efforts used in the deployment of a system or process and in balancing its cost, effectiveness and supportability during its life cycle. [1][2] Technical managers can be found at the interface of application and technique; they act between the user and the technical means ...
Engineering economics, previously known as engineering economy, is a subset of economics concerned with the use and "...application of economic principles" [1] in the analysis of engineering decisions. [2] As a discipline, it is focused on the branch of economics known as microeconomics in that it studies the behavior of individuals and firms ...
TELOS is an acronym in project management used to define five areas of feasibility that determine whether a project should run or not. [7][8][9] T - Technical — Is the project technically possible? E - Economic — Can the project be afforded? Will it increase profit? L - Legal — Is the project legal? O - Operational — How will the current operations support the change? S - Scheduling ...
Technology readiness levels (TRLs) are a method for estimating the maturity of technologies during the acquisition phase of a program. TRLs enable consistent and uniform discussions of technical maturity across different types of technology. [1] TRL is determined during a technology readiness assessment (TRA) that examines program concepts ...
Engineering management is the application of engineering methods, tools, and techniques to business management systems. Engineering management is a career that brings together the technological problem-solving ability of engineering and the organizational, administrative, legal and planning abilities of management in order to oversee the ...
The knowledge economy, or knowledge-based economy, is an economic system in which the production of goods and services is based principally on knowledge-intensive activities that contribute to advancement in technical and scientific innovation. [1] The key element of value is the greater dependence on human capital and intellectual property as ...