Proprietary Information

Proprietary Information is a privately owned exclusively and controlled information, technology, or product that is usually distinctive characteristics or features, and incompatible with competing items. (e.g., copyright, patent, state of art technology (process technology), or products (catalyst), etc.)

Reference Definition by ISO: Proprietary Information is restricted to management approved internal access and protected from external access. Unauthorized access could influence Company’s operational effectiveness, cause an important financial loss, provide a significant gain to a competitor, or cause a major drop in customer confidence. Information integrity is vital.

Related Definitions in the Project: The Project Management; Engineering

Posted in Management and tagged , , , .

ThePD (The Project Definition)

ThePD has been developing the Preferred Project Definitions based on the actual project execution and operation experiences and knowledge with the Project Language, and sharing with you daily basis.