What is turnover in project management?
The turnover phase is the transition from construction or renovation to occupancy and use. Turnover activities, such as the Building Equipment Data sheet, start during design and are updated throughout the construction and commissioning phases.
What are turn over documents?
Turnover Package means all Documentation, operation and maintenance manuals, specifications, sign-offs, and maintenance records associated with each completed system of the Project.
What is project close out template?
The Project Closeout Document is the final document produced for the project and is used by senior management to assess the success of the project, identify best practices for future projects, resolve all open issues, and formally close the project.
As nouns the difference between handover and turnover
is that handover is the transference of authority, control, power or knowledge from one agency to another while turnover is the act or result of overturning something; an upset.
Turnover is the total amount of money your business receives as a result of the sales from your goods and/or services over a certain period of time. The calculation doesn't deduct things like VAT or discounts, which is why it's also referred to as 'gross revenue' or 'income'.
A project closure checklist (or project closeout checklist) is used by project managers to evaluate the business outcomes when formally closing a project. It helps assess project activities such as actual performance versus baseline objectives, unaddressed issues, and lessons learned within a project life cycle.
A turnaround document is a document that has been output from a computer, some extra information potentially added to it, and then returned to become an input document. For example, meter cards are produced for collecting readings from gas meters, photocopiers, water meters etc.
A turnover certificate is a factual statement that certifies the turnover of the entity based on the requirements. The turnover certificate in India assures the users that the turnover generated by the business entity during a specific period. A turnover certificate is issued by the Chartered Accountant.