Misinterpretation of the statement of work

Assignment Help Operation Management
Reference no: EM131268650

Misinterpretation of the statement of work (SOW) can lead to expensive scope changes. Project managers with good communication skills can lower the barrier and perception screens that lead to SOW misinterpretation. Project managers who prepare statements of work are often just as guilty as those who must interpret a client's SOW in using improper language or making improper assumptions. To illustrate the complexity of SOW preparation and interpretation, consider a company that wishes to train approximately 200 employees in the principles of effective project management. The customer has prepared a statement of work, which is shown in Exhibit 1. Your company has been invited to bid competitively on this training program. The program is a firm fixed-price effort. All bids must be received by the customer no later than 30 days from today. The SOW for this request for proposal appears in Exhibit 1. A "full" SOW would also include contractual terms and conditions, financial payment plans, and penalties. Analyze the "technical" SOW as it appears in Exhibit 1.

QUESTIONS

1. Are there any portions of the statement of work that can be misinterpreted or are simply vague? If so, what are they?

2. Is there any information missing from the statement of work that would be needed before effective pricing can be performed? If so, what information?

3. What assumptions must be made in responding to this SOW?

4. Why did the customer give you 30 days to respond rather than 10 days or even one week?

5. Prepare a pricing sheet that you would submit to the customer for the cost of this training program. Design the sheet or form and estimate the approximate cost of each item in the form.

Reference no: EM131268650

Questions Cloud

What is difference between diversity and affirmative action : The best motivator in the workplace is usually money versus The best motivator in the workplace is usually not money. Which kind of people tend to be more innovative in a given field: those who are knowledgeable or those who are inexperienced in the ..
Create an algorithm to transfer an integer : Create an algorithm to transfer an integer from one program to another like a system in a lift. how does lift work? Write an overview to create much functional program to enhance its working.
Prepare budgets-forecast estimates and documenting budgets : FNSACC503 - Manage Budgets and Forecasts - What are some potential areas for improvement for Zoomer's Auto Shop and What two options could you use for more effective management of deviations
Probability this parka sells less than half of the forecast : What is the probability this parka sells less than half of the forecast?
Misinterpretation of the statement of work : Misinterpretation of the statement of work (SOW) can lead to expensive scope changes. Project managers with good communication skills can lower the barrier and perception screens that lead to SOW misinterpretation. Are there any portions of the state..
Use graphical approximation methods : Use graphical approximation methods to determine how long it will take for her total investment in the two accounts to grow to $20,000.
Would you collect information using a sample or a population : For the following questions, would you collect information using a sample or a population? Why? Verage has taught nearly 1,500 students in the course over the past 5 years.
Antitrust division of the justice department be concerned : From 1979 to 1987 Kellogg introduced over 30 brands of cereal. Should the Antitrust Division of the Justice Department be concerned? Additionally, five other companies introduced a total of 51 new brands of cereal over the same period. Does this fact..
Empowerment must be provided to the quality teams : In seminars on TQM, employees were told that empowerment must be provided to the quality teams. The process of empowerment worked reasonably well on the TQM teams, but struggled on project teams. Should the project team be empowered to set goals or s..

Reviews

Write a Review

Operation Management Questions & Answers

  Percentage of the annual sales

According to our discussion on inventory profiling, what percentage of the annual sales is the result from the top 20 % of the SKU's?

  Typical company in hong kong and singapore

Which of these methods of encouraging growth would you suggest for the typical company in Hong Kong and Singapore - Explain the rationale for your choice.

  What is supply chain total for each stock level

Supply chain total for each stock level. Fill rates for each stock level. Illustrate what would you choose also why (describe in detail).

  What would his total ordering cost be for the year

There are 360 working days per year and the lead-time is 5 days. If Mark orders 200 units each time he places an order, what would his total ordering cost be for the year?

  Find the regression equation to predict demand

Consider the following data on Price and demand for a given product. Price (X) Demand (Y): X: 6.00 Y: 200, X: 6.50 Y: 190, X: 6.75 Y: 188, X: 7.00 Y: 180, X: 7.25 Y: 170, X: 7.50 Y: 162, X: 8.00 Y: 160, X: 8.50 Y:156, X: 9.00 Y:140, X: 9.25 Y:132. fi..

  Creating graph illustrate the crossover points

Stan Fawcett's company is considering producing a gear assembly that it now purchases from Salt Lake Supply, Inc. Salt Lake Supply charges $4 per unit with a minimum order of 3000 units.

  Mistakes when planning for venture financing

Entreprenurial Mistakes. Over and over again, entrepreneurs make the same mistakes when planning for venture financing. Experienced investors are alert for the pitfalls. Identify three financing pitfalls and what an entrepreneur can do about them.

  Discuss the assumptions of the basic EOQ model

The purchasing agent for a company that assembles and sells air-conditioning equipment in a Latin American country noted that the cost of compressors has increased significantly each time they have been reordered. Discuss the assumptions of the basic..

  Explain how you would apply either behavioral theories of

describe how you would apply either behavioral theories of learning or cognitive theories of learning to solve a

  Phillips curve shows an important tradeoff faced

The Phillips curve shows an important tradeoff faced by economic policymakers. This tradeoff was used to point out the legitimacy of government intervention in the economy for many years. What is the Phillips curve? What does it show? Why is it impor..

  Why is contract law so important in our free enterprise

What are the three elements necessary for the formation of a business contract? What are the six defenses to formation of a contract? Illustrate your definitions with examples of each. Why is contract law so important in our free enterprise econom..

  What is the crossover point for these processes

The new process would have fixed costs of $90,000, and variable costs of $5. What is the crossover point for these processes? For what range of outputs is each process appropriate?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd