Exam 3: Developing Project Proposals

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Contractors measure the success of their proposal efforts by the number of times their proposals are selected by customers and/or by the total dollar value of their proposals that are selected.

(True/False)
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You learn more by telling than by listening.

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Management reserves are the estimated costs to cover unexpected situations.

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Sleeping on a contradictory issue and providing a thoughtful answer the next day

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By participating in pre-RFP meetings, a contractor may gain budget intelligence and be able to submit a project proposal with a more appropriate level of effort expected.

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Quantitative and qualitative benefits to the customer should be stated to help convince the customer of the value of the proposed result.

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The contract must clearly spell out

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It is good practice to have the person who will be responsible for the major work tasks estimate the associated costs.

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The amount of profit on a project is adjusted depending upon the amount of competition for a project.

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Your company has been supplying a local company with warehouse management. A proposed project requires warehouse management in 15 national locations. This is an example of how the contractor could

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Materials that would be used for a construction project are

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Contracts for projects that are done for a foreign customer or are conducted in part in a foreign country do not require the contractor to make certain accommodations.

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As soon as a contractor finds out it is the winner, it can start working on the project.

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The contractor must notify the customer immediately of any actual or anticipated cost savings or schedule delays.

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Key partners and subcontractors can help win a project for a contractor by complementing the contractor's expertise.

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Describe at least three criteria that a customer could use to evaluate a contractor's proposal.

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Always put the client first.

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It is ok to use foul language, slang, and jargon with clients. Especially when they are using them.

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A contractor should make a no-bid decision for a project that would not be consistent the contractor's business mission.

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A customer uses a request for proposal to solicit bids and then award a noncompetitive contract.

(True/False)
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