You are selected as part of a team to evaluate bids from many vendors for consultancy services.Which documents will your team most likely rely on to select a vendor that best meet the needsof your project?O a. Project Charter and Project Scope StatementO b. Procurement Contract and Bids PlanO c. Procurement Management Plan and Source Selection CriteriaO d. Project Risk and Stakeholder Register

In this situation, the team's goal is to assess multiple proposals for consulting services from…

Answered: You are selected as part of a team to…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Similar questions

A project needs a specialized resource to work for 12 months. The company will outsource the position. The organization expects all potential service providers to be given the same information about the requirements. Which action should the project manager take to comply? A. Provide advanced notice to the existing vendor. B. Ensure the procurement management plan is sent to each service provider. C. Conduct a bidder conference with the service providers. D. Add each of the service providers to the stakeholder register..
What is the function of a Purchasing Agent/Expediter? a)Determine the order and duration of project activities b)Manage the procurement process c)Author pay requests d)Assist the project manager
Project Managers are often required to report on the conduct of their projects. The reporting is usually done at regular intervals, such as weekly status reports to the project Sponsor, monthly reports to the executive team on some sort of dashboard, and perhaps to the project team at major milestones. Create a table that displays the requirements and advantages of status reporting for each of the following roles: â€¢ Board of directors â€¢ Executive sponsor â€¢ Business partner â€¢ Project manager â€¢ Team leads â€¢ Project management Trainer â€¢ Key vendor â€¢ Stockholder. APA references
which two methods of evaluation can be used in a cyberattack program proposal that will include one type of financial evaluation and one other evaluation method and how the methods will be selected.
What is the primary function of a Scheduler? a)Manage the procurement process b)Assist the project manager c)Determine order and duration of project activities d)Author pay requests
Give all three answers then only attempt. .... QUESTION THREE With reference to any project of your choice, justify the significance of the project cost control process. QUESTION FOUR Control Procurement is defined as the process of managing procurement relationships, monitoring contract performance, and making changes and corrections to contracts as deemed appropriate (PMI,2023). Considering this statement identify and describe the individual factors that are considered essential in informing the control procurement process. QUESTION FIVE Highlight the strategies that should be considered by project managers when managing procurement relationships, monitoring contract performance, and making changes and corrections to contracts.
Task: Assume that you have been contracted as a marketing consultant by a sportsorganization, and have been asked to develop and submit a marketing and sponsorship plan tothem. The marketing plan is a comprehensive, written framework for strategically obtainingmarketing objectives. The sport-marketing plan can be written for a single sportproduct/service, a group of products/services, a new promotional strategy, or an entire sportsorganization.The Marketing and Event Proposal should include the following:1. Executive Summary - a condensed overview of the marketing plan2. Introduction - Description of the event3. Marketing Strategies:• A strategy for Market Segmentation: What will serve as the basis forsegmentation, and why? What is the rationale for selecting the target markets?• A discussion of the Product: What is the core product, and what are theproduct extensions? 4. A discussion of the Place the event is held and the means of its distribution.5. A discussion and presentation of…
An Request For Proposal (RFP) must provide a statement of work (SOW) that outlines the majortasks the customer wants the contractor or project team to perform to achieve the project scopeand produce all the deliverables. Describe any project of your choice then provide four (4) SOW activities applicable to the projectyou have described
Which project delivery method is the LEAST favorable when the owner has no construction experience? DBB CM c. DB d. BOT Most risk to the owner When comparing Unit Price to Lump Sum contracts, which of the following is TRUE a. Bid Balancing can be used by contractors to earn more money in Lump Sum contracts b. Bid Unbalancing can be used by contractors to earn more money in Lump Sum contracts > Bid Unbalancing can be used by contractors to earn more money in Unit Price contracts
5. Outline reasons for which a Project Approval Team may have to choose to terminate a New Product Development activities
Why do you think John was hesitant to quote an exact price during the first meeting?1.2 Why did Ken need an indication of the cost for the total project before he could start theproject? 1.3 Was it a good idea to sign a contract for all construction work rather than to break it up intoseparate phases (with separate contracts) for different parts of the construction work? 1.4 Why would John require milestone payments during the construction phase rather than asingle payment once the construction has been completed? 1.5 What assurance would Ken have if he discovered during the guarantee period that the roofleaks when it rains?
How to write an internal and external proposal?

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