Project life cycle? What is First fit business What is the function of Mechanical seal What is Rotating Equipment What is Onshore and Offshore What is Crude oil What is Refinery What is API What is ROI What is Spare Business What is RFQ What are the phases of project

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The project life cycle refers to the stages a project goes through from initiation to completion.

First fit business refers to the concept of selecting the first available option that meets the requirements of a business.
Mechanical seal functions to prevent leakage between two moving parts in machinery.
Rotating equipment includes pumps, compressors, turbines, and engines that operate by rotating.
Onshore refers to oil and gas operations conducted on land, while offshore refers to operations conducted at sea.
Crude oil is unrefined petroleum extracted from the ground.
A refinery is a facility where crude oil is processed to produce various petroleum products.
API stands for American Petroleum Institute, which sets standards for the oil and gas industry.
ROI stands for Return on Investment, a measure of the profitability of an investment.
Spare business involves selling spare parts for machinery or equipment.
RFQ stands for Request for Quotation, a document used to solicit bids from suppliers.
Phases of a project typically include initiation, planning, execution, monitoring and controlling, and closing.

Project life cycle? What is First fit business What is the function of Mechanical seal What is Rotating Equipment What is Onshore and Offshore What is Crude oil What is Refinery What is API What is ROI What is Spare Business What is RFQ What are the phases of project

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