What does the term non-discretionary mean?

Definition of nondiscretionary : not left to discretion or exercised at one’s own discretion : not discretionary nondiscretionary purchases such as food and housing During the first half of the 1990s, Americans were forced to spend more for certain nondiscretionary items …— Cheryl Russell.

What does discretionary project mean?

Discretionary project means a project which requires the exercise of judgment or deliberation when the public agency or body decides to approve or disapprove a particular activity, as distinguished from situations where the public agency or body merely has to determine whether there has been conformity with applicable …

What is difference between discretionary and non-discretionary?

While non-discretionary expenses are considered mandatory—housing, taxes, debt, and groceries—discretionary expenses are any costs incurred above and beyond what is deemed necessary. These are generally considered wants, while non-discretionary expenses are usually referred to as needs.

What does non-discretionary mean in business?

(also nondiscretionary) FINANCE, LAW. not having the right to decide for someone how their money should be invested, when it should be paid to them, etc.: a non-discretionary trust/fund/account My wife and I recently made a non-discretionary trust settlement on our grandchildren.

What is non discretionary work?

Posted on April 1, 2022. A non-discretionary bonus is one that an employer must pay out if certain conditions are met. The payout is mandatory. For example, salespeople may be promised a special bonus if they reach a certain sales goal. If they do, they become entitled to the bonus.

What is non discretionary advisory?

Non Discretionary Accounts. A discretionary account is an account that gives an investment adviser the authority to make individual trades without the consent of their client. A non-discretionary account is an account where the client always decides whether or not to conduct a trade.

What is the difference between discretionary and nondiscretionary?

Difference between a discretionary and nondiscretionary bonus. Unlike a discretionary bonus, the nondiscretionary bonus does have specific criteria the employee must meet to qualify for the bonus. The employer predetermines the criteria and the employees expect to earn the bonus if they meet the criteria.

What is FF FS SF SS?

Finish-to-Start Relationship (FS) Finish-to-Finish Relationship (FF) Start-to-Start Relationship (SS) Start-to-Finish Relationship (SF)

What is FF and FS in project management?

The four main types of activity dependencies include Finish-to-Start (FS), Start-to-Start (SS), Start-to-Finish (SF), and Finish-to-Finish (FF). The following briefly describes these relationship types: Finish-to-Start (FS): The successor activity cannot start unless the predecessor activity finishes.

What is a discretionary dependency?

A discretionary dependency is one that isn’t based on a “have to”, but on a “should”. These decisions are usually based upon best practices, business knowledge, etc. They are placed on the project diagram where the team members would like them to occur.