Enterprise Technology Dictionary -- Letter P
Payroll
The administration of employee compensation and benefits on a scheduled basis through a centralized payment system
Penetration Test
A deliberate probe of a network or system to discover security weaknesses. The test attempts to leverage identified weaknesses to penetrate into the organization. The test exploits the vulnerabilities uncovered during a vulnerability assessment to avoid false positives often reported by automated assessment tools.
Performance Audit
A systematic process of objectively obtaining and evaluating evidence regarding the performance of an organization, program, function, or activity. Evaluation is made in terms of its economy and efficiency of operations and effectiveness in achieving desired goals. The performance audit function provides an independent review of management's performance and the degree to which actual performance meets pre-stated goals
Performance Budgeting
The act of considering and making funding choices based on desired outcomes. Performance budgeting focuses on the results to be gained through investment decisions.
Physical Security
Physical security describes measures that prevent or deter attackers from accessing a facility, resource, or information stored on physical media in an IT facility.
Planning
Analysis and evaluation of the ways in which material requirements can be met using a life cycle management approach
Policy
A technology policy outlines what needs to be accomplished or achieved and the roles and responsibilities of the various entities.
Portable
Portfolio Management
Defines the set of capabilities to support the administration of a group of investments held by an organization
Practicable
Process Tracking
Defines the set of capabilities to manage business processes, including business process mapping, remapping, reengineering, and business process improvement efforts
Procurement
The process of obtaining or buying goods and services consistent with RCW 39.26 with the intent to Purchase. Purchasing, renting, leasing, or otherwise acquiring any supplies or services; includes all functions that pertain to the acquisition, including description of requirements, selection, and solicitation of sources, preparation and award of contract, and all phases of contract administration. The combined functions of purchasing, inventory control, traffic and transportation, receiving, inspection, storekeeping, salvage, and disposal operations
Procurement Activities
Program / Project Management
Defines the set of capabilities to manage and control a particular effort of an organization. This includes intra-agency work.
Project 25
Project Cost
Purchasing
The acquisition of goods or services, including the leasing or renting of goods
