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midcourse correction

   Also found in: Acronyms 0.01 sec.
midcourse correction [′mid‚kȯrs kə′rek·shən]
(aerospace engineering)
A change in the course of a spacecraft some time between the end of the launching phase and some arbitrary point when terminal guidance begins.


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This allows agencies to pinpoint performance shortfalls and gaps and suggest midcourse corrections.
Observers say the move indicates that Deutsche Bank is committed to finishing the project, given that midcourse corrections could cost the bank millions of dollars.
A key executive responsibility is monitoring the performance of strategic initiatives and making midcourse corrections as needed.
 
 
 
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