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What activities and their descriptions might you perform during the Closing phase of a Project's Life Cycle?
Recording experience and knowledge - becomes the input to other projects. Validating signoff ensures that the signed documentation representing acceptance of the deliverable has been received from the customer. Celebrating - creates and encourages a sense of accomplishment.
What is LC DA DP TT payment options?
LC = Payment thru Letter of Credit DA = Payment against acceptance DP = Payment against receipt of document TT = Telegraphic transfer
What is Ex-stock price?
Ex-stock price is that price which is immediately deliverable at that price and not price qouted is for stock price of item.
What is meant by acceptance outstanding?
Letters of Credit outstanding - this account arises out of the issuance of letters of credit for which the bank obligates itself to pay or guarantee payment. The bank has a right of recourse against the customer whose credit it substitutes. Acceptance outstanding - this is similar to the account letters of credit outstanding except that it makes the bank's obligation more real than contingent. the bank will honor the drafts presented to it and will also have the right of recourse against the customer. The acceptance makes the instrument easily negotiable and more acceptable for discounting. source: Banking theory and practice by: Mercedes M. Leuterio & Consuelo B. Estepa
Can asset acceptance sue you?
Yes, they can
Differnce between documents against acceptance and documents against payment?
DOP will mean that the instructions by an exporter to a bank that the documents attached to the draft for collection are deliverable only after his or her payment of the draft. DOA will mean that the instructions by an exporter to a bank that the documents attached to the draft for collection are deliverable after his or her acceptance of the goods.
What is the difference between acceptance criteria and definition of done in project management?
Acceptance criteria in project management are the conditions that a deliverable must meet to be accepted by the stakeholders, while the definition of done outlines all the tasks that need to be completed for a deliverable to be considered complete by the project team.
What is the DA Payment against acceptance?
WHat is the DA = Payment against acceptance
What is the difference between the definition of done and acceptance criteria in a project?
The definition of done outlines the criteria that must be met for a task or project to be considered complete, while acceptance criteria specify the conditions that must be satisfied for a deliverable to be accepted by the stakeholders.
Performed during the Closing phase of the project management process to its description?
Recording experience and knowledge - resolves stakeholder issues Validating signoff -represents customer acceptance of the deliverable Celebrating - results in improved performance
Communication of offer against acceptance explain?
explain communication of acceptence against proposer and acceptor ?
What process adaptations are required if prototype will evolve into a deliverable system or product?
"What process adaptations are required if the prototype will evolve into a deliverable system or product?"
What is the key deliverable of sales manager?
NOTHING...
What is the critical distinction between a milestone and a deliverable?
Milestone - A significant point (or event) in the life of a project. Deliverable - Any item that is passed on to the End-user or customer as part of the project. Difference: Acquiring the team to do the project is a milestone but the work done by that team will be a deliverable
In project management what does the term deliverable refer to?
In project management, a deliverable is a tangible or intangible object produced as a result of a project with the intent of being delivered to a customer.
The end product of the system analysis phase is.?
deliverable
What is the difference between filling volume and deliverable volume and minimum fill please give example?
deliverable volume is for liquids while minimum fill would be for semisolids.
