Best Practice definition

Best Practice means solutions, techniques, methods and approaches which are appropriate, cost-effective and state of the art (at Member State and sector level), and which are implemented at an operational scale and under conditions that allow the achievement of the impacts set out in the award criterion ’Impact’ first paragraph (see below).
Best Practice means in accordance with the best practice within the industry of the Contractor
Best Practice means a technique or methodology that, through experience and research, has been proven to reliably lead to a desired result.

Examples of Best Practice in a sentence

  • Although adherence and compliance with the US Department of the Treasury’s publication the “Voluntary Best Practice for US.

  • In compliance to AMFI Best Practice Guidelines, AMFI circular No. 17/10-11 dated October 22, 2010, the Mutual Fund offers its Unit holders, facility to register multiple bank accounts for pay-in & payout purposes and designate one of the registered bank account as “Default Bank Account”.

  • In compliance to AMFI Best Practice Guidelines, AMFI circular No. 17/10-11 dated October 22, 2010, the Mutual Fund offers its unitholder facility to register multiple bank accounts for pay-in & payout purposes and designate one of the registered bank account as ‘Default Bank Account’.

  • CIR/MIRSD/66/2016 dated July 21, 2016 and CIR/ MIRSD/120/2016 dated November 10, 2016 on Operationalisation of Central KYC (CKYC), read with AMFI Best Practice Guidelines circular No. 68/2016-17 dated December 22, 2016 and circular no.

  • If you have purchased any Business Process Consulting services, if they have been quoted as fixed-fee services, they will be invoiced 50% upon your acceptance of the Best Practice Recommendations, by module, and 50% upon your acceptance of custom desktop procedures, by module.


More Definitions of Best Practice

Best Practice. If there is any doubt about whether a cost is eligible, you should contact the Commission/Agency.
Best Practice means practices, methods and acts undertaken in accordance with that degree of skill, diligence, prudence and foresight that would reasonably be expected from a professional, reputable and prudent Medical Practitioner undertaking similar work and practices, under the same or similar circumstances or conditions.
Best Practice means that there is a technique, method, process, activity, incentive or reward that is more effective at delivering a particular outcome than any other. Best Practice can also be defined as the most efficient (least amount of effort) and effective (best results) way of accomplishing a task, based on repeatable procedures that have proven themselves over time for large numbers of people. Best Practice is used to describe the process of developing and following a standard way of doing things that multiple organizations can use for management, policy, and especially software systems.
Best Practice means a generally accepted practice by the industry; “Biennial Review” means a review which is conducted every second year; “Billing” means the processes specified in Schedule 10;
Best Practice means the best promotion policy or program for SMEs or farmers organizations in your country.
Best Practice means the combination of specific treatments, related services, organizational and administrative principles, core competencies, or social values designed to most effectively benefit the individuals served. Best Practices also include evidence- based practice, which is subject to scientific evaluation for effectiveness and efficacy. Best Practice standards may be established by entities such as the Substance Abuse and Mental Health Services Administration, national trade associations, accrediting organizations recognized by the Department, or comparable authorities in substance use treatment.
Best Practice. ’ means a desirable and appropriate standard, process, procedure, method or system in relation to immovable asset management;