What are three different ways that a project can be handed over from the project organization to the client? Describe their differences
What will be an ideal response?
Transferring the project to the intended user can be one that is straightforward or one that is complex, such as a BOT or BOOT, depending on contractual terms. With all types of transfers, the project transition period may entail training, transfer of engineering blueprints or other technical know-how, or other service after the sale.
A straightforward transfer is easiest on the project organization but has the highest level of risk for the customer. The BOT (build, operate and transfer) concept is a method for allowing the eventual owner to mitigate risk in the short run by having the project organization operate the project for a time to ensure that all features are functional. The BOOT (build, own, operate, transfer) option takes this a step further by requiring the project organization to own the project's work product during this trial period. This adds an element of risk to the project organization.
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