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(1). To prioritize (and possibly even work on) a task (see action item). The term is usually used when reassuring your boss that whatever they’re talking about is at the top of your list of things to do.
“Sure, boss, I’ll action that mail merge project for first thing in the morning. Right after I figure out how to do a mail merge…”
(1). “Level Of Effort”, or in other words, how much of a pain in the processors it’s going to be to do whatever the business wants you to do to the system.
“Okay, so after further analysis, our LOE has changed a bit. We now think it’s going to take 378.4 man-days to complete this phase of the project. So, based on that, we’re going to need to allocate 25.6 man-boys to this effort.”
(1). You can’t, you know.
“No, Henry … I want you to close this deal in person. You can’t phone a handshake. Now, get out there and sell some toilet seats!”
