Project


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Project

The asset constructed with or owned via a project financing, which is expected to produce cash flow at a debt-service coverage ratio sufficient to repay the project financing.

Project

Any series of tasks or activities intended to accomplish a goal, which is ultimately to make a profit. For example, a construction company may have a project to build a house. This project involves laying in the foundation, setting up the frame, installing insulation, and so forth. A company may receive a lump sum payment at the completion of the project, or it may receive progress payments as different benchmarks on the way to completion are met. See also: Project finance.
References in periodicals archive ?
Last April, the Ministry of Health and Long-Term Care gave the green light for North Bay to proceed with the project, which is expected to attract many major private investors, says Lee.
The project schedule and budget can be the most difficult parts of a manager's duties.
Students in an upper-level life cycle nutrition course at North Carolina State University were given the choice of completing a SL project or writing a term paper.
Salvage Credit, or the estimated current market value of salvage and scrap items that will become the property of the contractor and when credited to the project estimate will help lower the final cost to the customer.
Under amendments to the Taft-Hartley Act 40 years ago project labor agreements were made legal.
To be funded, a Construction Center must have one project, either pilot or comprehensive, for each topic area (exploratory, prevention/intervention, and translation) that is judged to have significant and substantial merit.
Products like the Pacific Edge Project Office Connector enable integration of critical project information from Microsoft Project so it can be utilized within other applications," said Burke Fewel, lead product manager of Microsoft Corporation.
A rigorous series of steps leading to project approval requires front end loading of the engineering effort, with up to 40% of the engineering effort spent prior to project approval.
To control this portfolio, project management methodology works together with a proven life-cycle methodology for efficient project delivery.
Although engineers first popularized project management, information managers have enthusiastically adapted its principles for their own undertakings.
One-fourth of the respondents saw the special project funding as an opportunity to improve VR services to American Indians.
Among the parties to the project agreement are SUEZ, Arabian Company for Water and Power Projects and Gulf Investment Corporation G.