Particulars - 3

• Note 1: Project responsibilities are not concluded until the required facility/system/product/service is satisfactorily delivered into the customer's "care, custody and control" and all documentation is completed at the conclusion of Phase 4
• Note 2: The Project Life Cycle, which is a project-based time frame must not be confused with the organization's fiscal budgeting process and the budgetary approval cycle which takes place annually

  • However, the particular project schedule may well be subject to, or impacted by this annual process

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