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POPIT is an acronym for People, Organisation, Processes, Information Technology.

UML or Unified Modelling Language is a general modelling language that exists and is prevalent in software design. Developed and adopted as a way to standardise systems design.

BAM is an acronym for Business Activity Model, which is a conceptual model that shows what the business / organisation is doing. The steps in a BAM are: Planning Activity > Enabling Activity > Doing Activity > Monitoring Activity > Controlling Activity.

RACI is an acronym for a responsibility matrix used to identify a role’s input into specific tasks – Responsible, Accountable, Consulted, Informed. Sometimes it can be RASCI where the S is for Supportive. 

PeoplePlaceProcessesPhysical EvidenceProductPerformance

MOST is an acronym for:

Mission – what the business wants to achieveObjectives – goals to realise the missionStrategy – approach to be taken to meet the objectivesTactics – detailed steps to reach the strategy

OSCAR is an acronym for Objectives, Scope, Constraints, Authority, Resource.

Porter’s Five Forces is a framework for analysis of the competition that a business faces, and to assess the profitability of an industry.

Bargaining Power of SuppliersBargaining Power of BuyersThreat from Substitute ProductsThreat of New EntrantsIndustry Competitors

PESTLE is an acronym that is used to identify key external stimulus within an organisation. The acronym stands for:

Political (e.g. trade unions), Economic (competitors, interest rates), Societal (demographics social mobility), Technological (reduction of barriers to entry), Legal (regulation, employment law), Environmental (waste, going green).

SMART is an acronym for Specific, Measurable, Attainable, Realistic, Time-boxed. A method for ensuring goals or targets follow a formula.