Overview of the contract management lifecyclc A structured approach - Bid fase

3 important questions on Overview of the contract management lifecyclc A structured approach - Bid fase

What is applied within the bid proces and rules?

  • Request for Proposals preparation (buyer)
  • Responding to a Request for Information or Request for Proposals (seller)
  • Understanding the influence of laws on the bid process
  • Costs identification
  • Opportunity evaluation (seller)
  • Proposal preparation (seller)
  • Evaluating the proposal (buyer)

What questions are asked during the bid phase?

  • Are the customer's requirements clear and unambiguous?
  • Are responsibilities clearly understood and appropriate?
  • Are we using the right pricing models that make us competitive and commercially viable?
  • Are we being realistic about our capability and capacity to deliver, including our supply chain?
  • Do we have the commercial expertise to understand the customer's capability to succeed with this project?
  • Do we have a realistic project plan that runs through to completion, with the right people in place?
  • Have we got adequate financial controls, funding and resources? Can we confirm stakeholder authority/commitment for the whole project?

What is the consequence when there is no match between needs and capabilities?

There probably is not a profitable business relationship to be developed in this opportunity.

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