Expectation Management

A formal process to continuously capture, document, and maintain the content, dependencies, and sureness of the expectations for persons participating in an interaction, and to apply the information to make the interaction successful.

To a large extent, people declare that a project has either succeeded or failed based on whether it met their expectations. Few projects fail in an absolute sense -- they simply fail to meet individual expectations.

It is possible for a project to file, even if all of the original goals were met, simply based on someone's different perception.

See also Asymmetrical Information, Due Diligence and Human Resource Accounting.

This bit of jargon has been viewed 52,213 times.

Blog Link Copy to Clipboard
What is this?

Return To Management Jargon

Home | Add Jargon | F.A.Q | About | Contact
© 2020 JargonDatabase.com

Jargon Database is sponsored by Profit Awareness - discover your best clients, and get rid of your bad ones (Check out out business practices blog here)

Jargon Database was built by the best web development agency in Atlanta Georgia - Digital Tool Factory