Vendor Management
Process of overseeing and coordinating relationships with external service providers and contractors.
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Vendor Selection
Process of evaluating and choosing service providers based on criteria such as cost, quality, reliability, and capability.
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Vent Stack
A vertical pipe that allows sewer gases to escape from a plumbing system while maintaining proper drainage flow.
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Vertical Integration
A business strategy in construction where a company controls multiple stages of a project, such as design, material supply, and construction, to increase efficiency and reduce costs.
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Vision Alignment
Vision alignment refers to the extent to which an organization’s strategies, operations, and culture are consistent with and supportive of its vision statement. Achieving vision alignment requires clear communication, stakeholder engagement, and ongoing monitoring and adjustment to ensure that all aspects of the organization are working together towards the desired future state.
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Vision Communication
Vision communication refers to the process of sharing, explaining, and promoting an organization’s vision statement to internal and external stakeholders. Effective vision communication requires clear and compelling messaging, delivered through a variety of channels and tailored to the needs and interests of different stakeholder groups.