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turnkey solution meaning

more. Turnkey cost is the total cost that must be covered before a product or service is ready to be sold and used. Turnkey Cost Definition. Key to this final stage are follow-through and follow-up. The term ’turnkey’ solution seems to find its origin in the world of project management. When talking about software, a turnkey solution is a solution that requires little or no customization, and provides a solution for a software project. Turn-key job definition is - a job or contract in which the contractor agrees to complete the work of building and installation to the point of readiness for operation or occupancy. Turnkey Solution Law and Legal Definition. Turnkey solution from Schuler provide you with complete assurance [...] that all the components we use -- including automation, [...] press, and dies -- are perfectly adapted to the material being processed and that all the individual components of the line function together seamlessly. In real estate, turnkey is defined as a home or property that is ready for occupation for its intended purpose, i.e., a home that is fully functional, needs no upgrading or repairs (move-in ready). It doesn’t stop there, however. Turnkey solution is a type of system that can be easily implemented into current business processes. Geprüftes Wissen beim Original. In business terms, a turnkey project is one that is developed or sub-contracted to a team of experts. . Turnkey Solution. These experts then develop an end-to-end solution, allowing the organisation and the project team to literally just turn a key to activate it. A turnkey solution is immediately ready to use upon implementation and is designed to fulfill a certain process such as billing, website design, training or content management. Definition im Gabler Wirtschaftslexikon vollständig und kostenfrei online. Unlocking learning needs. Was ist "Turn-Key-Projekte"? Turnkey refers to something that is ready for immediate use, ... A website with a ready-made solutions and some configurations is called a turnkey website. The turnkey company doesn’t merely ship the product off and hope for the best—they monitor and coordinate the installation to ensure proper implementation of the solution. So, if a company or an individual needs some software, then there’s really 3 solutions available to them: 1. they can try to find a solution that they can purchase which fits all of their needs – a turnkey solution.

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