Financing Notes: Definitions & Explanations PDF | Download eBooks
Study Financing lecture notes PDF with project management definitions and explanation to study “What is Financing?”. Study financing explanation with project management terms to review project management course for online MBA programs.
Financing Definition:
Financing entails acquiring funding for projects.
A Guide to the Project Management Body of Knowledge by Project Management Institute
Financing Notes:
A project's activities incur costs. The overall money required for the project is translated into a project's budget. The needed money has to be acquired by some means. The process of getting funds for a project is called financing. There are different ways of financing. Financing can be done internally i.e. the project organization uses its profits from other projects to fund the current project. Financing can be done externally i.e. an external entity provides funds for the project but in return expects the contractor to fulfill some requirements. Different sources of funding include equity shares, venture funding, banks, angel investors etc.
Keep Learning with Project Management Notes
What is Benchmarking?
Benchmarking is a process that enables to compare the performance (products, services, processes etc.) with another organization that is better ...
What is Planned Value?
When the project's activities are scheduled and the cost estimates are made, a specific amount of money for the whole ...
What is Cost Plus Fixed Fee?
Contracts can be classified into two categories. The contract categories affect the procurement planning process. The two classes of contracts ...
What is Market Research?
In the process of procurement management, some tools and techniques can be used for data collection. One of them is ...
What is Project Scope?
A project scope involves all the work that is related to the project that must be completed in order to ...
What is Manufacturing Break?
As the name indicates, manufacturing break is the time between two manufacturing orders. When a manufacturing order is completed, the ...