Glossary
- BUID
- Boston University IDentification number. See UID.
- Business Intelligence (BI)
- Technologies, applications, and practices for the collection, integration, analysis, and presentation of business information and sometimes, the information itself. The purpose of business intelligence is to support better business decision making.
- Business Owners
- Senior level staff responsible for policy, administration, and oversight of the functional areas being addressed in BPO, i.e., Budget, Provost Offices, Financial Affairs, Human Resources, Payroll, and Purchasing.
- Business Process Optimization (BPO)
- An approach aimed at improvements by means of elevating efficiency and effectiveness of the processes within and across organizations. The key to BPO is to look at business processes from a "clean slate" perspective and determine how to best construct these processes to improve how business is conducted.
- Change Management
- This term has several definitions that depend on the context in which it's used. With respect to BUworks, it references the task of managing change in a systematic fashion.
- Communication Team
- This group is responsible for developing and implementing an effective plan to convey project information and progress, respond to questions and feedback, and assist in change management efforts as new processes and systems are implemented.
- Component Business Modeling (CBM)
- A methodology designed by IBM for identifying, analyzing, and viewing from multiple perspectives the basic building blocks of designated business functions. CBM is used to provide insight into business processes for which an optimization effort may provide the most value.