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Lightcast Skills Taxonomy

Global Mobile Satellite Systems

About

Global Mobile Satellite Systems (GMSS) refers to a type of satellite communication system that enables communication across remote locations using mobile devices such as phones, laptops, and tablets. This technology is often used in areas w...

Skills CategoryMedia and Communications
Skills SubcategoryCommunication
Skills TypeSpecialized Skill
Specialized TagsSoftware

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Business Case Analysis

Business Case Analysis refers to the assessment of a proposed initiative, project, or investment to determine its expected value, costs, risks, and feasibility. It is used in work contexts to compare options, support decision making, and justify resource allocation based on evidence and expected outcomes. The skill includes evaluating financial and nonfinancial factors, defining assumptions, and presenting clear recommendations that align with organizational objectives.

Earned Value Management Systems (EVMS) is a project management skill that involves the ability to track project performance and progress in a single integrated system. It requires proficiency in analyzing project scope, schedule, and costs, and the ability to forecast future performance based on current data. EVMS skills also include understanding of cost variance, schedule variance, cost performance index, and schedule performance index. Mastery of EVMS software tools for data collection, analysis, and reporting is essential.

Engineering Program Management refers to the coordination and oversight of multiple engineering projects to achieve strategic objectives and ensure alignment with organizational goals. It involves planning, resource allocation, risk management, and integration of technical and operational activities across programs. This skill is used to manage timelines, budgets, cross-functional teams, and dependencies to ensure successful delivery of complex engineering initiatives.

A Locked-In Retirement Savings Plan (LRSP) is a specialized retirement savings plan that restricts access to the funds until retirement. It is designed for individuals who have accumulated pension funds from a former employer and want to continue investing in a tax-advantaged manner, but cannot withdraw the funds until they reach a certain age. Managing an LRSP requires knowledge of tax laws and retirement planning strategies, making it a specialized skill.

Multi-Processing Modules refers to the use of software components that manage and coordinate multiple processes at the same time. It is used in work settings to improve the handling of tasks that can run in parallel, support efficient use of system resources, and help maintain consistent performance under load. This skill involves understanding how separate processes are organized, started, monitored, and controlled within a computing environment.

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This skill is part of the Lightcast Skills Taxonomy, a library of over 35,000 job related skills. It is the standard used by higher education institutions, public sector organizations and Fortune 500 companies around the globe.

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