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The Agile fixed price is a contractual model agreed upon by suppliers and customers of IT projects that develop software using Agile methods.The model introduces an initial test phase after which budget, due date, and the way of steering the scope within the framework is agreed upon.
Agile construction is an integrated system of principles and methods, and a philosophy of doing business adapted to jobsites and overall project delivery in the construction industry. It is born from agile manufacturing and project management , which is mostly used in manufacturing production, automotive and software developing teams. [ 1 ]
Construction cost estimating software is computer software designed for contractors to estimate construction costs for a specific project. A cost estimator will typically use estimating software to estimate their bid price for a project, which will ultimately become part of a resulting construction contract. Some architects, engineers ...
The EPC contractor coordinates all design, procurement and construction work and ensures that the whole project is completed as required and in time. They may or may not undertake actual site work. EPC companies are often used in large-scale projects, such as power plants, refineries, chemical processing facilities, infrastructure projects, and ...
Work in project management is the amount of effort applied to produce a deliverable or to accomplish a task (a terminal element). Work breakdown structure (WBS) is a method and a kind of representation that defines a project and groups the project's discrete work elements in a way that helps organize and define the total work scope of the ...
Agile management is the application of the principles of Agile software development and Lean Management to various team and project management processes, particularly product development. Following the appearance of The Manifesto for Agile Software Development in 2001, organizations discovered the need for agile technique to spread into other ...
Kingsoft Office Spreadsheets 2012 – For MS Windows. Both free and paid versions are available. It can handle Microsoft Excel .xls and .xlsx files, and also produce other file formats such as .et, .txt, .csv, .pdf, and .dbf. It supports multiple tabs, VBA macro and PDF converting. [10] Lotus SmartSuite Lotus 123 – for MS Windows. In its MS ...
According to the PMBOK (7th edition) by the Project Management Institute (PMI), Fixed Price Economic Price Adjustment Contract (FPEPA) is a "fixed-price contract, but with a special provision allowing for predefined final adjustments to the contract price due to changed conditions, such as inflation changes, or cost increases (or decrease) for special commodities".
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