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The most important feature of the XP philosophy relative to SDLC is that programmers can respond to changing customer requirements at any time.
Chief Executive Officer
The highest-ranking executive in a company, responsible for making major corporate decisions.
Capital Expenditures Budget
A budget detailing the planned investments in fixed assets, such as machinery, equipment, or buildings, intended to benefit the company over a long period.
Master Budget
A comprehensive financial plan made up of several smaller, specific budgets that detail a company's projections for future periods.
Long-Term Financial Plans
Strategies and financial goals set by a business or individual for a period extending beyond one year.
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