Common Sense with The Project Definitions!

The London Interbank Offered Rate (LIBOR) for deposits, such as the six-month dollar LIBOR. LIBOR is a reference rate for the international banking markets and is commonly the basis on which lending margins are fixed. Thus, an original loan agreement or a rescheduling agreement may set the interest rate to the borrower at six-month dollar LIBOR plus 1.5 percent, with semiannual adjustments ... (more about ...)

Novatek seeks Saudi Aramco as partner in Arctic LNG-2 (23 February 2018): MOSCOW, (Reuters) - Novatek is interested in Saudi Aramco joining the Arctic LNG-2 plant as a partner, the Russian gas producer's head Leonid Mikhelson said on Thursday, highlighting growing ties between Russia and Saudi Arabia. Both countries have been instrumental in implementing a global pact on cutting oil ... (more about ...)

Discount Rate is 1) the reduced price that is offered to customers if they buy large quantities of products or services; 2) the rate of interest that a country's central bank charges for lending money to other banks; 3) the interest rate used to discount a stream of future cash flows to its present value. The Discount Rate often used in capital budgeting that makes the ... (...more about the Project Controls)

Accelerating digital transformations: A playbook for utilities (January 2018): By Adrian Booth, Eelco de Jong, and Peter Peters - For utility companies, transforming operations and systems with digital technologies can create substantial value: a reduction in operating expenses of up to 25 percent, which can translate into lower revenue requirements or higher profits. Performance gains of 20 to ... (more about ...

Idiom:  Cry Wolf

Cry Wolf: To raise an false alarm intentionally, to ask for assistance when you don't need it actually. Example: If you cry wolf too often, family and friends will stop believing you. ...

Participation and Contribution: You could pass on your valuable knowledge, experiences and insight to our future. Your contribution can be signified understanding of real things and it can affect behaviour, a decision, or an outcome, and can lead to an increase in understanding and decrease in uncertainty in our future life.

Project Definitions

Clear & simple with
Project language

Definition Dictionary

Continuously updating and improving

Project Definitions

Business News

 Worldwide new projects information
Project bidding and contract News
New technologies
Project Management bulletins

Crude Oil Price trend and forecast

Event Highlights

Sharing for the future

Knowledge is an understand...
Lessons Learned (LL) is knowledge and...
Best Practice is a recommendable... 
Success Story is an account of the ...
Information: life, companies ...
Institute Reports and Forums...

Library