Looking for the abbreviation of "CAR"?This is done prior to the commencement of a project budget. Would appreciate it if someone could explain too? Saving Changes...
It is likely specific to your organization. The C alone can stand for cost, capital, customer, cumulative, charging, contracts, and others. Some acronyms in my workplace have several meanings depending on the context. Best to ask, as you can easily miss the intent by guessing, and it happens frequently.
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1 reply by Muthukrishnan Ramakrishnan
Aug 02, 2021 11:08 AM
Muthukrishnan Ramakrishnan
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Alright, I am guessing it's capital adequacy ratio. But not sure what it is
It is likely specific to your organization. The C alone can stand for cost, capital, customer, cumulative, charging, contracts, and others. Some acronyms in my workplace have several meanings depending on the context. Best to ask, as you can easily miss the intent by guessing, and it happens frequently.
Alright, I am guessing it's capital adequacy ratio. But not sure what it is Saving Changes...
Peter RapinSubject Matter Expect; Project Delivery| Independent ConsultantOntario, Canada
Too many undefined acronyms. These are made-up tags used by people in an effort to simplify but end up being exclusionary. I have tried to fight it in the past but apparently this is the way of the future. The following web site may help with the more common acronyms but as Keith writes acronyms can be very specific to an industry, a corporation and even a division within a corporation.
People tend to shy away from asking but having the right information is worth possible embarrassment.
Too many undefined acronyms. These are made-up tags used by people in an effort to simplify but end up being exclusionary. I have tried to fight it in the past but apparently this is the way of the future. The following web site may help with the more common acronyms but as Keith writes acronyms can be very specific to an industry, a corporation and even a division within a corporation.
People tend to shy away from asking but having the right information is worth possible embarrassment.
*Causal Analysis and Resolution
*Corrective Action Request
*Capital Adequacy Ratio
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1 reply by Muthukrishnan Ramakrishnan
Aug 03, 2021 7:58 PM
Muthukrishnan Ramakrishnan
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Can you explain Capital Adequacy Ratio?
Saving Changes...
Sergio Luis ConteHelping to create solutions for everyone| Worldwide based OrganizationsBuenos Aires, Argentina
In the company where I am working CAR means Captial Appropiation Request. If what we create when we have an Idea and we have to estimate cost at Idea level to request some amount.
In the company where I am working CAR means Captial Appropiation Request. If what we create when we have an Idea and we have to estimate cost at Idea level to request some amount.
Thanks for the inputs Saving Changes...
Thomas WalentaGlobal Project Economy ExpertHackenheim, Germany
Sure, it is what you get into to drive away fast when your sponsor wants to fix scope, schedule & cost before your or the team have had a chance to understand what the project is all about :-)
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