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 Inspection?
Inspection involves examining a product to scrutinize, based on its conformance to requirements. The quality standards for the products are ...
What is Statistical Sampling?
Sometimes, the number of products produced are very high and not all of them can be inspected. In this case, ...
What is Check Sheet?
Check sheets are used to organize data related to any quality issue in an effective manner. Check sheets can be ...
What is Testing?
Testing is basically an investigation conducted in order to check the quality of the project or service against the requirements. ...
What is Control Quality?
It is important to consider quality of project deliverables in project management in addition to the time and cost. For ...
What is Request for Proposal?
In order to identify the needs and requirement for a project, a document is written which includes the customer's requirements ...