Disruptive Innovation
A new product, service, or business model that creates a new market or disrupts an existing one, often by offering a simpler, cheaper, or more convenient alternative to established offerings.
Diversification
A growth strategy that involves expanding into new products, services, or markets, in order to reduce risk and capture new opportunities.
Downtime
The period during which work on a construction site is halted due to equipment failure, adverse weather, or other disruptions.
Draw Request
A formal request submitted by the contractor to release project funds based on work completed in a given period.
Earned Schedule (ES)
A project management metric that extends Earned Value Management (EVM) by predicting schedule performance and forecasting completion dates.
Earned Value (EV)
A project performance measurement.
Economic Life
The period during which a building or infrastructure remains cost-effective before requiring major upgrades or replacement.
Emergency Response Plan
A course of action developed to mitigate the damage of potential events that could endanger an organization’s ability to function.
Energy Modeling
A simulation process used to predict a building’s energy consumption, efficiency, and environmental impact before construction.
Environmental Impact Assessment (EIA)
Evaluates project effects on the environment.