Scatter diagram, scatter graph, scatterplot. A 2-3 dimensional chart that shows the relationship between independent and dependent variables.

A picture that is painted verbally to depict an outcome or sequence of events that are based on assumptions and factors chosen by its creator.

A visual process used to depict future conditions, probable events and consequences and how to respond to them and what benefits might be gained from them.

A Plan permitting adding or subtracting credits from commercial risk that is based on acertain features.

A deviation from aplanned project that is measured by comparing the budgeted cost of work done to the cost of the work already performed.

A whole of lofe policy with a fixed benefit and a fixed premium amount.

The phase in the product or project design that comes first in order to give a client an over view of the project.

An early sketch or drawing showing the basic layout or representation of a concept. There are no fine details.

A broad outline of how an objective can be acheived. It is not a formal plan and will not show every detail.

A set of ideas that are held by a group of people, also a doctrine by which to live by.

The seating and table arrangement where tables are set behind each other with aisles in between the rows. All seats face the front.

Knowledge that is comprised of verifiable and measurable facts that hav ebeen acquired by the application of a scientific method.

An approach to collecting facts that does not rely on intuition and guess work.

The testing of a hypothesis or theory that is objective and in a controlled environment.

A fact that has been acquired through the scientific method. Testing is rigorous and independent, needs peer review and subsequent publication, needs a measurement of potential or actual error and must gain

An independent and verified description of a link between a cause and an effect. It wil be deduced from observations and experiments and is considered to be applicable universally.

A school of mangement from the early 20th century concerned with the efficiency of workers.

A method that is used in interpreting and gathering market information that involves analytical testing and statistics.

A step-by-step approach to solving problems. Identify and define the problem, accumulate data, formulate a hypothesis, conduct experiments to prove hypothesis, interpret results in an objective manner and repeat.

A way that has been devised to write down very small numbers and very large numbers.