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The Sponsor or Customer Often States the Project Required Completion

question 56

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The sponsor or customer often states the project required completion time in the project charter, RFP, or contract.


Definitions:

Bill Of Material

A comprehensive list detailing all materials, parts, and assemblies required to manufacture a product.

Material Requirements Planning

A computer-based inventory management system used to manage manufacturing processes by determining material requirements and scheduling production.

Bill Of Material

A comprehensive list of raw materials, components, and assemblies required to manufacture or assemble a product.

Gross Requirements

The total amount of materials or products needed before any adjustments for inventory or scheduled production.

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