1. (v.) To screw up epically and have to do solve it all over again
2. (n.) The act of already screwing up and to consequently taking possible measures to not screw up again.
3. (v.) To get a second chance (after an original crap) and take full advantage of it

Etymology:
from the English *Parker, the polar opposite of the *Parker

The action of Crapping (or Krapping) and re-doing it over again.

(In void of the -ing because it is the action in itself)