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  1. Dictionary
    work in progress

    noun

    • 1. an unfinished project that is still being added to or developed: "the book itself is still a work in progress"

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  2. dictionary.cambridge.org › dictionary › englishWORK IN PROGRESS | English meaning - Cambridge Dictionary

    WORK IN PROGRESS definition: 1. something that is being developed or suggested but that is not yet complete: 2. the value of…. Learn more.

  3. www.investopedia.com › terms › wWork-in-Progress (WIP) Definition With Examples - Investopedia

    Jun 17, 2024 · WIP is the cost of unfinished goods in the manufacturing process, including labor, raw materials, and overhead. WIP is a current asset on the balance sheet and is different from finished goods, which are ready to be sold to the consumer.

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  5. dictionary.cambridge.org › english › work-in-progressWORK IN PROGRESS definition | Cambridge English Dictionary

    Learn the meaning of work in progress as a noun and an accounting term, and see how to use it in sentences. Find out the pronunciation and related words for work in progress.

  6. www.financestrategists.com › work-in-progressWhat Is Work-In-Progress (WIP)? | Importance and Examples

    Apr 1, 2024 · WIP is the money spent on materials, labor, and overhead to manufacture a product or service. Learn how to calculate WIP, how it differs from work-in-process, and why it is useful for production managers and accountants.

  7. www.merriam-webster.com › dictionary › work in progressWork in progress Definition & Meaning - Merriam-Webster

    Learn the meaning of work in progress, a noun phrase that describes a project that is not yet finished. See how to use it in a sentence and find related words and quizzes.

  8. www.techtarget.com › searcherp › definitionWhat is a work in progress (WIP)? | Definition from TechTarget

    Work in progress is a crucial concept used across various industries, including manufacturing, software development, construction and healthcare. It serves as a valuable metric in project management, enabling teams to measure efficiency, optimize processes and deliver better results.

  9. www.oxfordlearnersdictionaries.com › work-in-progresswork in progress - Oxford Learner's Dictionaries

    Learn the meaning of work in progress as a noun for a project that is not yet finished and is still being added to or developed. See how to use it in sentences and how it is pronounced.