The difference between contract closure and administrative closure is that

Options
- Contract closure involves customer signature
- Contract closure can be done more than once for each contract
- Contract closure occurs before administrative closure.
- Contract closure is really not required when administrative closure can close projects with contracts

CORRECT ANSWER : Contract closure occurs before administrative closure.

Discussion Board
Explanation-

In administrative closure, close Project or Phase process is done when all the work has been verified, delivered, and accepted by the customer.
Contract Closure:
A contract is closed upon reaching the end of the contract, or when a contract is terminated before he work is completed.

Sapna Ambadkar 03-20-2017 08:37 AM

Write your comments


Enter the code shown above:

(Note: If you cannot read the numbers in the above image, reload the page to generate a new one.)


Related Content

Advertisement
 
▲