95. PMP | Frequently used important terms in Project procurement management скачать в хорошем качестве

95. PMP | Frequently used important terms in Project procurement management

Let's look at some important terms in project procurement management in this PMI PMP PMBOK based project management tutorial. RFI: Request for information RFP: Request for proposal RFB: Request for bids RFQ: Request for quotation PO: Purchase order SOW: Statement of work Quotation NDA: Non-disclosure agreement LOI: Letter of intent T&C: Terms and conditions Force majeure This is a A French term literally translated as ""greater force"", this clause is included in contracts to remove liability for natural and unavoidable catastrophes that interrupt the expected course of events and restrict participants from fulfilling obligations. Doctrine of waiver Privity of contracts the relation between the parties in a contract which entitles them to sue each other but prevents a third party from doing so. Dispute resolution Termination for convenience of buyer