- Industry: Government
- Number of terms: 5883
- Number of blossaries: 0
- Company Profile:
A contract is a mutually binding agreement, which obligates the seller to provide the specified product or service or result, and obligates the buyer to pay for it.
Industry:Business services
Documented direction to perform an activity that can reduce the probability of negative consequences associated with project risks
Industry:Business services
A term used to represent all executed agreements between the owner and contractor; any general, supplementary, or other contract conditions; the drawings and specifications; all bidding documents, less bidding information, plus pre-award addenda issued prior to execution of the contract and post-award Change Orders; and any other items specifically stipulated as being included in the contract documents, which collectively form the contract between the contractor and the owner.
Industry:Business services
(1) Any contractor having a contract directly with the owner.
Industry:Business services
A defined function to be performed by a project team member, such as testing, filing, inspecting, and coding.
Industry:Business services
The likelihood of occurrence. In the context of project risk, a measure of the likelihood of a risk occurring.
Industry:Business services
A series of steps followed in a regular definitive order to accomplish something.
Industry:Business services
A set of interrelated actions and activities performed to achieve a specified set of products, results, or services.
Industry:Business services
A criterion for comparing programs, projects, and alternatives when benefits or a given objective.
Industry:Business services
The process of aggregating the estimated cost estimates of individual activities or work packages to establish a cost baseline.
Industry:Business services
