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Payment bond

A bond issued by an insurance company or bank on behalf of a general contractor that guarantees payment to all subcontractors and […]

Procurement

The systematic process by which an organization reaches formal agreements for the purchase of the supply of goods and/or services.

Performance-based contracting

The method of contracting which entails structuring all aspects of an acquisition process around the results of work to be performed as […]

Policies

Broad guidelines designed to focus organizational activities.

Partition

Inside floor-to-ceiling structures or wall assemblies that enclose a space; can be movable or removable.

Project planning

See project charter.

Project charter

A document used to justify and allow formal authorization of a project and release funds, prove it has a viable business case, […]

Predictive maintenance (PdM)

A type of planned maintenance that utilizes technology, which allows the forecasting of failures through monitoring and analysis of the condition of […]

Plan maintenance

Schedule and responsibility for reviewing and updating plan components and member contact information.

Presenteeism

The measure of lost productivity due to employees at work not being fully engaged because of personal health, family or life issues.