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/The Codex

Glossary

Validation#
Confirmation by the provision of objective evidence that the requirements for a specific intended use or application have been fulfilled. (Are we building the right product?)
Value#
The perceived benefits, usefulness, and importance of something. Value is co-created by the service provider and the consumer.
Value Stream#
A series of steps an organization undertakes to create and deliver products and services to consumers.
Velocity#
A measure of the quantity of work a team can tackle during a single sprint. It is calculated by adding the story points of all fully completed user stories.
Verification#
Confirmation by the provision of objective evidence that specified requirements have been fulfilled. (Are we building the product right?)
Virtual Machine#
A Virtual Machine (VM) is an emulation of a computer system. It is based on computer architectures and provides the functionality of a physical computer. VMs run on top of a hypervisor, which manages the hardware resources, allowing multiple OS instances to run simultaneously on a single physical host.
Vision#
A defined aspiration of what an organization would like to become in the future.
Visual Design#
Visual design focuses on the aesthetics of a site and its related materials by strategically implementing images, colors, fonts, and other elements. It does not take away from the content on the page or function. Instead, it enhances it by engaging users and helping to build trust and interest in the brand.
Volume#
The amount of activity (transactions, data, tickets) processed by a system.
VPN#
A Virtual Private Network (VPN) extends a private network across a public network and enables users to send and receive data across shared or public networks as if their computing devices were directly connected to the private network. It establishes a secure, encrypted tunnel for data transmission.