Introduction | What's New in Version 5.5 | International Recognition
About the Author | Sources and References
Content Index | Order Your V5.5 Copy Here!

JIT - to - Just-In-Time

prev

next

JIT

See Just In Time

Job

A group of contiguous operations related by similarity of functions that can be completed by one or more workers without interference or delay. [D03636]

A homogeneous cluster of work tasks, the completion of which serves an enduring purpose for the organization. [D03519]

Job Description

Documentation of a project participant's job title, supervisor. job summary, responsibilities, authority and any additional job factors. Written outlines of the skills, responsibilities, knowledge, authority, environment, and interrelationships involved in an individual's job. [D00882]

A carefully thought out structured but concise written description of a person's job. It will cover authority, responsibility, work content, reporting and working relationships, duties and skills required. Used primarily for management and supervisory positions. Most useful in developing project organization structures and selecting or recruiting candidates most suited to the work required. Unfortunately, every minor reorganization required to respond to successive stages of the project tends to render them in need of updating. [D03066]

Job Evaluation

A systematic assessment of job content. It establishes the worth of a job in terms of salary or wage compared to other jobs. Many elaborate schemes have been developed and applied with varying degrees of success. While some structure is necessary on a project, pay is more likely to be governed by market conditions, scarcity, individual knowledge, performance or trade agreements. These factors generally also recognize such project aspects as higher stress, cyclical work loading and potential for termination upon completion. See also Job Description. [D03067]

Job Satisfaction

Contentment with objectives, responsibilities and general working conditions. [D02908]

Job Title

An official position in an organizational hierarchy. Usually a name that reflects a person's authority and responsibility. [D02909]

Joint Venture

Either

1. A joint ownership of a firm by two or more persons or other firms, or
2. A partnership between two or more companies mutually engaged in a particular venture such as a major project. In this case, the venture exists for a specific purpose for a limited time.

[D02910]

Judgment

One of the following:

1. A formal utterance of an authoritative opinion.
2. The process of forming an opinion or evaluation by comparing two or more sets of information such as when arriving at an estimated total.
3. A formal decision given by a court such as an award of damages.

[D02911]

Judicial

Belonging to the branch of government responsible for the administration of justice. [D02912]

Jurisdiction

The extent of territory over which legal or other power extends, e.g. authority to interpret and apply the law. [D04327]

Just In Time ("JIT")

A philosophy in which goods, services, or actions are provided on demand as needed AND without waiting, queuing or storage. [D04851]

Just-In-Time

A "pull" system driven by actual demand. The goal is to produce, provide or deliver parts or supplies just in time for the next operation. The approach reduces stock inventories or storage costs, but leaves no room for error. As much a managerial philosophy as it is an inventory system. [D03637]