project management glossary
safety plan
The standards and methods which minimize to an acceptable level the
likelihood of accident or damage to people or equipment.
salary administration
The formal system by which an organization manages its financial
commitments to its employees. It includes man-hour accounting and the
development of a logical structure for compensation.
sales
Either
- A department responsible for selling, or
- The collective amount sold, typically in a given period.
salvage
Property that, because of its worn, damaged, deteriorated, or incomplete
condition or specialized nature, has no reasonable prospect of sale or use as
serviceable property without major repairs, but has some value in excess of its
scrap value.
sample
One or more units of product drawn from a lot or batch, the units of the
sample being selected at random without regard to their quality
