Definition of
Term
The notion of termwhich comes from the Latin word placetumrefers to the period stipulated for something. It’s about a time that is intended or established for a certain purpose.
For example: “The government estimates that the works will be completed within a period of about six months”, “I have until next Friday to pay the loan fee”, “The owner of the company He made me a proposal for me to analyze and told me that I don’t have a deadline to respond”.
Suppose that a family Hire an architect for the construction of a house. The professional, when analyzing the project, agrees to finish the work in a one year term. This means that, as planned, the family group should have the house finished in twelve months.
Let’s take the case of paying for a cable television service. A certain company establishes among its conditions that customers must pay their bills in the first ten days of each month. In this way, subscribers are obliged to pay the corresponding money within that period or, otherwise, they are in default with the company and have to pay a surcharge.
in the field of professional sportIt is common for the entities that organize the competitions to establish deadlines for the completion of certain actions. a league of soccerto mention one case, can decree that the deadline for recruiting players ends on March 15.
On the other hand, a fixed depositknown colloquially as fixed term, is one that does not allow withdrawal of funds until a certain date. It is a investment since banking entities pay interest for the immobilization of these resources.
The concept of delivery term It is used in an indispensable way in industries, where products and services are created through a complex multidisciplinary process, carried out by many people, and generally must be finalized before a date previously established (the Deadline). Precisely, this term is the period of time that elapses from when a team receives or accepts a project until it sends the result to their superiors.
Regardless of the field in which we find ourselves, meeting the deadline for a project is not always easy. If we talk about an industry based on creativity, where art and innovation come into play, getting a product done on time isn’t always possible because developers rely on inspiration, the holy grail of artists. In a company that prioritizes quality over business, this period can be extended so that workers achieve their objectives and are not forced to present a version of their idea that is inferior to the one they conceived in their mind; however, in most cases the dates outweigh the finish.
To face the obstacles typical of the deadline, such as the lack of inspiration, experience, the years dedicated to the same profession, can be essential, since the brain acquires a series of tools and resources that you can use in the most difficult moments to solve a situation that years ago would have seemed impossible. Music composers, for example, don’t always write when they have ideas; if they are hired by a record company to complete the creation of an album before a certain date, they must fulfill their obligation no matter what. The same goes for game developers, filmmakers, and writers.