Monday, November 17, 2014

EULA & Bill Of Materials (BoM) & Bill Of Quantities (BoQ) - Overview & Differences

... EULA ...

In proprietary software, an end-user license agreement (EULA) or software license agreement is the contract between the licensor and purchaser, establishing the purchaser's right to use the software.

An end-user license agreement (EULA) is a license that gives a user the right to use a software application in some manner. EULAs are designed to enforce specific software use limitations, such as only using the software on one computer. By entering into the agreement, the user is given permission to use and benefit from the software.

Short for End-User License Agreement, the type of license used for most software. An EULA is a legal contract between the manufacturer and/or the author and the end user of an application. The EULA details how the software can and cannot be used and any restrictions that the manufacturer imposes (e.g., most EULAs of proprietary software prohibit the user from sharing the software with anyone else).

Not every EULA is the same. Some contracts stipulate acceptance of the agreement simply by opening the shrink-wrapped package; some require the user to mail back to the manufacturer a signed agreement or acceptance card; some require the user to accept the agreement after the application is installed by clicking on an acceptance form that appears on the users monitor. This last method is typical of applications that can be downloaded from the Internet. In all instances, the user has the option of not accepting the EULA, subsequently surrendering the rights and ability to use the software.

As in typical legal contracts, the EULA protects both parties from liability if the software is used in a way not intended by the manufacturer or author.

... BOQ ...

A bill of quantities (BOQ) is a document used in tendering in the construction industry in which materials, parts, and labor (and their costs) are itemized. It also (ideally) details the terms and conditions of the construction or repair contract and itemizes all work to enable a contractor to price the work for which he or she is bidding.

A Bill of Quantities (BQ, or BoQ … and sometimes referred to as a Bills of Quantities) are prepared by Quantity Surveyors to provide an extensive and itemized trade list, including a description and quantity, of each of the components or items required for a construction project.

The main purpose of a Bill of Quantities is to itemize and define a project so that all tenderers are preparing their price and submission on the same information.

A document showing a list of everything needed to build something and how much each item will cost : Some builders retain the bill of quantities as the basis of agreeing rates.

... BOM ...

A bill of materials or Product structure (sometimes bill of material' or BOM) is a list of the raw materials, sub-assemblies, intermediate assemblies, sub-components, parts and the quantities of each needed to manufacture an end product. A BOM may be used for communication between manufacturing partners, or confined to a single manufacturing plant.

A document showing a list of all the materials and parts that are needed to produce something: The most expensive piece in the product's bill of materials is the touch-sensitive display.

A comprehensive list of raw materials, components and assemblies required to build or manufacture a product. A bill of materials (BOM) is usually in a hierarchical format, with the topmost level showing the end product, and the bottom level displaying individual components and materials.  

#Business Dictionary
1.A list of materials required by a contractor to complete a contract, or by a supplier or vendor to complete an order.

2.A list of all raw materials, parts, intermediates, subassemblies, etc., (with their quantities and description) required to construct, overhaul, or repair something.

... Difference ...

The past few days, I post several content / article related with terminologies in my field as business development and as business analyst. You can click here if you wanna know about MoU and LoI. Also you can click here if you would like to know about RFP. Back to this post topic, EULA is something that must be signed by my customer when they buy product or license from my company or partner. BoQ is something / document that related with the purchased, it can be licenses or services. I have never used BoM terminology as long as I'm in the business development, but when I was searching about BoQ, the search engine show some article about BoM too. So what is the difference?

BoQ : Document showing list of everything (materials, parts, labors) for tender / project.
BoM : List of materials to produce something / to complete an order.

Knowing business language and terms is a must for me as business development and business analyst. I wish this article will be useful for you too whatever your roles. If you have any question, advice, and opinion please comment below. Thank you.

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