Act of God

An Act of God is a very bad situation and cannot be prevented or ​controlled that is a contractual term used to denote an ​event such as an earthquake, flood, hurricane, lightning, snowstorm, etc. The Acts of God is insurable accidents and valid excuses for non-performance of a contract. (Refer to the Force Majeure)

Related Definitions in the Project: The Project ManagementProject Contract

Posted in Management and tagged , , , .

ThePD (The Project Definition)

ThePD has been developing the Preferred Project Definitions based on the actual project execution and operation experiences and knowledge with the Project Language, and sharing with you daily basis.