Exam 3: Developing Project Proposals

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The most effective way to build a relationship is to

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Local travel is usually not included in the project costs.

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Proposals must be realistic in terms of the proposed scope, cost, and schedule in the eyes of the customer.

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A contractor should avoid no-bid decisions.

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By having a customer supply schedule, the contractor is protected from incurring schedule slippage caused by customer delays in furnishing information, parts, or other items.

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If a customer has stated the budget in the RFP, the customer might reject proposals that have cost estimates greater than the budget without further review of the proposal.

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The reputation of the company that announced the RFP should be evaluated as a factor as well as the reputation of the contractor when making a bid or no-bid decision.

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For projects that are new and have high risk, the contractor should include larger amounts of contingency.

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Specific criteria listed in the RFP should be restated in the proposal to reinforce to the customer that the contractor understands the requirements.

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________________ establish the foundation for successful funding.

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The customer will pay the contractor a bonus if the project is completed ahead of schedule or exceeds other customer performance requirements.

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The contractor needs to obtain advance approval from the customer before hiring a subcontractor to perform a project task.

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Contractors may outsource some of the work to subcontractors or consultants to perform certain project tasks.

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Establishing and building trust is key to developing effective and successful relationships with clients and partners.

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Clients want to work with people who can _______ problems, not with those who merely ______ them.

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The customer will make payments to the contractor according to the payment schedule in the contract.

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Helping customers identify needs, even if they are needs your company cannot help them address, is a way to position your company to win future contracts.

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Inclusion of an organization chart or assigned responsibility is helpful for the customer to evaluate the expertise of the project staff.

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All changes must be documented and approved by the contractor's project team before they are incorporated into the project.

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A bid/no-bid checklist helps a contractor to decide whether to submit a proposal in response to an RFP.

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