This is a special announcement from the BusinessEnglishPod.com team explaining the changes we are making and some of the new features we are adding to the podcast.

From Friday 22nd December 2006 our feed will be redirected to our new site at: www.BusinessEnglishPod.com. All new episodes will only be available at the our new site. If your iTunes subscription does not update to the new feed, please follow the instructions below.

To subscribe to our new feed in iTunes, please click on the icon above or the link below (opens iTunes in a new window):

http://phobos.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=206603090

This is a preview of our new English vocabulary podcast: Video Vocab.

Video Vocab will be available in January 2007 on our new website -
www.BusinessEnglishPod.com

Each week we will feature 7 new words on a particular topic.

Project (Noun)

|ˈpräjˌekt; -ikt|

Definition:
An important and carefully planned piece of work that will create something new or improve a situation.

Examples:
1. British Aerospace expected the project to be completed by early 2006.
2. I’m the project manager for our new database.

Collocations:
- project management: the organizing and managing of resources in order to complete a project within a defined scope, time, and cost.
- project manager: the person in charge of a project
- pilot project: a test or trial project

Please go to our new website for new podcasts:
www.BusinessEnglishPod.com

Contractor (Noun) [C]
|ˈkänˌtraktər|

Definition:
A person or company that makes an agreement to do work or provide goods for another company.

Examples:
The company has no plans to expand its use of contractors.
EADS is the main contractor on the new defense project.

Derivatives:
– to make a contract (noun) [C]

Please go to our new website for new podcasts:
www.BusinessEnglishPod.com

Estimate (Verb) [I,T]
|ˈestəˌmāt|

Definition:
To calculate or guess what you think the value, size, amount, etc. of something will probably be.

Examples:
We estimate the project will take 6 months to complete.
The value of the deal is estimated at £12m.

Derivatives:
– to make an estimate (noun) [C]
– to give an estimation (noun)

Please go to our new website for new podcasts:
www.BusinessEnglishPod.com

Subcontractor (Noun)
|səbˈkänˌtraktər|

Definition:
A business or person who is paid to do part of the work of another person or company.

Examples:
We had a problem with one of our subcontractors on a project last month and this led to serious delays.
Always check whether a contractor is using subcontractors, and who is liable if things go wrong.

Please go to our new website for new podcasts:
www.BusinessEnglishPod.com

Allocate (Verb) [T]
|ˈaləˌkāt|

Definition:
To decide officially that a particular amount of money, time, etc. should be used for a particular purpose.

Examples:
DuPont has allocated funds to build four new plants in Asia.
We need to allocate more resources to this project to meet the deadline.

Derivatives:
– our budget allocation has been cut (noun)

Please go to our new website for new podcasts:
www.BusinessEnglishPod.com

Schedule (Noun)
|ˈske jül | - USA
| she-dyül | - UK

Definition:
A plan of what someone is going to do and by when they are going to do it.

Examples:
We are running several weeks behind schedule.
We could face penalties if we don’t keep on schedule.

This is an intermediate level Business English Podcast on making telephone calls in English and leaving messages.

If you want to get a copy complete telephone alphabet, follow this link:
http://www.dynamoo.com/technical/nato-phonetic-alphabet.pdf

Please go to our new website for new podcasts:
www.BusinessEnglishPod.com

Please update your iTunes subscription by clicking this link (opens iTunes in a new window):
http://phobos.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=206603090