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.
Futures are traded in Organized Exchanges while Forwards are Over-The-Counter (OTC) traded
A CFD trading, or Contract for Difference, is an agreement between two parties to exchange the difference between the opening price and closing price of a contract. Trading option to trade the change of price in multiple commodity and equity markets, with leverage and immediate execution.
Terms >>> implied terms conditions >> "do this and you'll get that" normally under a contract
The difference between buy to open and buy to close is that buy to open is when you initiate a new options position by purchasing a contract, while buy to close is when you close an existing options position by buying back the contract you previously sold.
EPC is a contract comprising Engineering, Procurement and Construction. Turnkey is a contract comprising Engineering, Procurement and Construction. If you look at the definition , you may find no difference between two concepts, but there are some differences between two concept as follows; 1- In EPC, an employer will provide basic engineering to a contractor and the latter shall perform detailed design based of received basic design. 2- In Turnkey , Employer will only provide certain technical specifications of the project and it is the responsibility of the contractor to prepare basic and detail design of the project. 3- In turnkey, contractor is responsible to perform construction and commissioning, start-up and take over of the plant to employer, but in EPC, it may be the responsibility of other third person to do commissioning and start-up.
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 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.