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System Statuses- TECO

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System Statuses- TECO

Postby bond420 » Thu Feb 13, 2014 12:44 am

Hi All

Can any one please let me know what is System status technically completed (TECO).
Have read some notes regarding this, it says you need to set this status to WBS
which are completed from technical point of view. So I am not getting this term "technical point of view".
When you should use this status ?



Thanks & Regards
Satish
bond420
 
Posts: 7
Joined: Tue Aug 07, 2012 1:04 pm

Re: System Statuses- TECO

Postby bienzo » Thu Feb 13, 2014 7:24 am

Hi,

when WBS has status TECO, it means the WBS is technically finished, i mean, there is no techical work pending to do (100% fulfilled).
Once WBS is TECO you cannot change dates, budget, planning.... For example when the work is done but you have not paid vendors yet.
How ever, from an economic point of view, when WBS is TECO you can post some invoices, timesheeting,.....

regards
bienzo
 
Posts: 65
Joined: Sat Apr 21, 2007 12:28 pm

Re: System Statuses- TECO

Postby bond420 » Sun Feb 16, 2014 11:36 pm

Hi Bienzo
Ok. Thanks.

Cheer's
Bond
bond420
 
Posts: 7
Joined: Tue Aug 07, 2012 1:04 pm


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