objective
results to be achieved The objective can be strategic or operational; it can relate to different disciplines such as financial, health and safety, or environmental. The targeted results can be strategic, organisation or, project-wide, or relate to a product or process The intended outcome can be expressed as a purpose, an operational principle, or asset […]
asset
An asset is anything that has potential or actual value, whether a resource or a value that can be converted into capital. An organisation or individual expects the asset to provide future benefits to its employees, customers, or environment. In AEC Industry ‘asset’ is often interchangeable with a built asset. In the context of BS […]
Distributed Ledger Technology
Distributed Ledger Technology (DLT) is an encrypted and distributed database that serves as a register for storing records of transactions. At the core of DLT is a data model that uses cryptography for transactions, allowing updates and verifications depending on the specific blockchain network and stakeholder objectives
blockchain
The blockchain is a transaction database shared by all nodes involved in the system based on the Bitcoin protocol. It is a data structure consisting of linked blocks (e.g. confirmed financial transactions) that refer to or refer to earlier ones and form a chain in linear chronological order. A full copy of any transaction that […]
verification
confirmation, through the provision of objective evidence, that specified requirements have beenfulfilled [SOURCE: BS EN 17412‑1:2020] Verification is the process of checking that the product/service meets the specification, it will help to determine whether the product/service is of high quality, but the verification process will not confirm that the system is useful.
validation
confirmation, through the provision of objective evidence, that the requirements for a specific intendeduse or application have been fulfilled [SOURCE: BS EN 17412‑1:2020] For example, it is the process of checking whether the specification captures the customer’s needs, but it is not a process of checking if the product or service meets the specification
Additive manufacturing
Additive manufacturing (AM), also known as 3D printing, is the process of creating products by layering materials until a complete 3D object is created. The process can transform digital design data and turn it into physical object using materials, such as plastic, metal, ceramic, concrete. chocolate and even human tissue. AM has the potential to […]
Unified Cloud Platform (UCP)
A unified cloud platform (UCP) has been introduced to facilitate the integration of multiple cloud services into a single cloud environment. The UCP is essentially a cloud management multi-platform that provides the ability to seamlessly integrate microservices allowing users to manage workplace communications across multiple devices such as smartphones, tablets, laptops, desktops and other devices. […]
information
reinterpretable representation of data in a formalized manner suitable for communication, interpretation or processing [cited from ISO 19650-1:2018(en), 3.3.1]
top management
person or group of people who directs and controls an organization at the highest level [cited from ISO 19650-5:2020(en), 3.14]