A project is a temporary activity that ends with a new product being produced. A contract is temporary but a product doesn't have to be produced in contracts.
A contract is a binding agreement which is legally enforceable by law if it is not fuilfilled. Under one project there will be different contracts entered at different periods as per the requirement of the work to be done.
A contract is a commercial document which states: * what is being delivered * to what timeframes * utilising what resources * for what budget A project is something which actually takes the bullet point list above and makes it a reality.
no difference
differences between a Web Project and Traditional Project?
temporary/contract work
Explain the difference between "Project Management" and "Delivery Management."
EPC contract is an Engineering, Procurement and Construction contract that comprises entire project starting from designing, planning, procurement from third parties, clearance of goods, delivery, provision of spare parts, erection, commissioning, testing, completion of facility and correction of defects etc. BOT contract is a built, operate and transfer Contract which also comprises total responsibilities to build the entire project and after operating the project, transfer the same to the Owner of the project. Karuna Kumar
differences between a Web Project and Traditional Project?
"Contract of sell" is just "contract of sale" misspelled.
Difference between Percentage of Completion method and Completed Contract method?
The difference is the assistant project manager has to confer with the project manager on major decisions.
The difference between a scope statement and a project charter is that a project charter acknowledges the projects existence and the scope statement defines the project objectives.