Drum-Buffer-Rope is an intuitive solution to a seemingly complex problem. DBR is seen in many areas including Agile Development, Manufacturing, and Medicine (Emergency Room Visits). Itâs an effective business tool to manage the constraints that every business faces.
There are also a series of meetings and communication that the liquidator is bound to action and they will need to keep creditors informed as to the progress of the liquidation. Liquidation also means that the conduct of the former directors will be examined.
Liquidate means to decrease a [delivery or invoice] payment for an accepted supply item or service under a contract for the purpose of recouping financing payments previously paid to the contractor. [Reference: FAR 32.001] 1The process for liquidating contract financing payments applies to fixed-price type contracts.