Form NF-118 · Venture Proposal
General Affairs Division | Form NF-118 | Retention: Permanent
Any member of personnel, at any grade, may propose a venture. Endorsement by a division head is not required and confers no advantage. Submit this form to the General Affairs Division.
A venture is a body assembled for a single undertaking and dissolved on its conclusion. It has no permanent establishment and no budget of its own.
| Proposer | |
|---|---|
| Division | |
| Grade | |
| Date |
The undertaking
| What is proposed | |
|---|---|
| Why now | |
| Region | |
| Expected duration | |
| Participants sought |
Terms
| Authority requested | |
|---|---|
| Costs to be incurred | |
| Observance (estimated) |
Notes on completion
| Muster | Personnel join voluntarily. A decision not to join is not recorded on the file, is not reportable, and is not to be raised at review. A venture that does not muster is withdrawn without prejudice to the proposer. |
|---|---|
| Execution | The venture proceeds on its own authority within the terms of this proposal. Speed is the operative virtue. A venture requiring central coordination while in progress has been badly proposed. |
| Risk | Risk is held by the venture and not by its participants. |
| Observance | Costs of observance are authorized in advance and charged to the Organization, not to the participants. A venture concluded without observance is recorded as incomplete. Do not submit observance costs on Form NF-121. |
A proposal that cannot be stated on this form has not been thought through and will be returned. A returned proposal is not an adverse finding and is not recorded on your file.
This document is the property of Nezbec Fruit Co. Unauthorized reproduction or distribution is prohibited.