advantages - it allows countries to share technological know-how, like middle eastern companies do not want USA and other countries to take part in their oil refining and want to profit from it themselves, but do not have the knowledge of the process, the Middle East enters into a turnkey project to gain the technological know-how.
disadvantages - you are automatically creating a competitor, if your technology is a source of advantage over competitors, allows this information is providing it to the competitor.
We do not understand the question. What project?
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Advantages are good; pluses. Disadvantages are bad; minuses.
A turnkey contract is one in which an independent agent agrees to furnish materials and labor to finish a project and then turn it over to the owner for a fixed price. Advantages for the business owner: No outlay of cash until the project is done. Advantages for the one making the project: Gets a lump sum payment when the project is turned over to the owner. Disadvantages for the owner: Trusting someone else to deliver a quality project. Disadvantages for the maker of the project: Outlay of cash for materials at the start.
turnkey projects are expensive since the donor will double the interest charge to make more profit on their investment.
Advantages and disadvantages of overestimate and underestimate
Non-turnkey and turnkey projects are the opposite of each other. Turnkey projects are those that contract a firm to fully design, construct and equip a project and then turn it over to the purchaser.
What are the different organization structures recommended for project organization? Discuss their advantages and disadvantages
The advantages and disadvantages of using projects and when projects are appropriate
We do not understand the question. What project?
In telecom,the process of installing a new cell site is a turnkey project.
One of the advantages of a project feasibility study is discovering if the idea will work before you spend money. Disadvantages to the study would include not being able to get started on a project as quickly as you might like.
advantages: 1. clear authority and responsibility 2. improved communication 3. high level of integration disadvantages: 1. project isolation 2. duplication of effort
A turnkey project is one that is very self contained and has almost no way to expand in scope or that has any dependencies. But this is also one of the fallacies in project management and why so many projects fail.
it is very use full to our country tamilnadu government took an good project