Project Chartering Lift off planning This documentâs value is in the lift off session [5] where stakeholders, team members, product owners, scrum masters and project managers will create or consolidate the project chartering: purpose of the project, alignment of the team around the project and context of the project.
DEFINITION of 'Itemized Deduction'. A deduction from a taxpayer's taxable adjusted gross income that is made up of deductions for money spent on certain goods and services throughout the year.
Itemized Deductions. The first thing to understand is that you can only deduct home closing costs, or settlement fees, if you itemize your deductions on an IRS form 1040. So, if you file a 1040EZ, for example, you will not reap any tax benefits from your home closing costs.