activity (noun, ac-tiv-i-ty, \ ækˈtɪvəti \) attributes (noun, at-trib-ute, \ ˈætrəˌbjuːts \)
Definition: is a set of characteristics inherent in a business activity that usually includes such figures as capacity scope, cost operator, process cycle time, and any other cost- or performance-related data. These attributes can also contain any characteristics that will gain relevancy during a later stage of activity. Activity attributes have to be organized, ranked and distributed to appropriate categories to maintain proper project or operation structure and make it more easily manageable.
In a Sentence:
- I’ve carefully studied the activity attributes of the order processing system. If my estimate is correct, the cycle time can be reduced by 45% if we improve our software.
- The activity attributes of our newest product have impressed us all. Our development team managed to create a smartphone that excels at multitasking while reducing the production time by 24% when compared to the last model.
Synonyms and related words: project management, cost management, critical activities, performance