SafeSourcing Wiki [A-B]

A Best Practice is a method that has produced excellent results in other situations and can be adapted to your current situation. This may be in the form of a formula, procedure, a development methodology for software, or a specification template. Best practices are often considered to be ever evolving.

Best practice is considered by some as a business buzzword used to describe the process of developing and following a standard way of doing things that multiple organizations can use.