INTELLIGENT BUSINESS upper-inter. U2

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allocate
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to decide officially that a particular amount of money, time, etc. should be used for a particular purpose
the importance of allocating resources to local communities
budget
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the amount of money that an organisation has to spend on particular activity in a given period of time
cotractor
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a person or company that makes an agreement to do work or provide goods for another company
control
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to limit sth or prevent it from increasing too much
The company strictly controls the quality of its products.
delay
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to make someone or something late
The flight was badly delayed because of fog.
estimate
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to calculate what you think the value, size, amount, etc. of sth will probably be
project
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an important and carefully planned piece of work that will create sth new or improvea situation
COLL. project finance, project management, project manager, pilot project
schedule
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a plan of what is going to do and by when they are going to do it
specifications
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a detailed description of how sth should be designed or made
They delivered parts that did not conform to contract specifications.
stakeholder
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a person or a group of people who are considered to be an important part of an organisation because they have responsibility within it or receive advantages from it
Citizens should be stakeholders in the society they live in.
subcontractor
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a person or company who is paid to do part of the work of another person or company
bump something ↔ up
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to suddenly increase something by a large amount
Prices were bumped up by 10 percent last week.
outsourcing
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when a company uses workers from outside the company to do a job
the outsourcing of the marketing to a specialist firm
glitch
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a small fault in a machine or piece of equipment, that stops it working
haggling
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to argue when you are trying to agree about the price of something
tourists haggling over the price of souvenirs
shut down
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stop
negligence
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failure to take enough care over something that you are responsible for
negligence in carrying out safety procedures
take over
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assume control/responsibiliy
take down
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make sth failure
take place
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occur
take on
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hire

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