Advertise for inviting proposals, Other Management

Advertise and Prepare the Shortlist

Here we will learn how to advertise for inviting proposals.

As opposed to open bidding for goods and works, proposals for consultants are invited from a shortlist of selected consultants. Open invitation will be time consuming as you have to evaluate each proposals. Similarly open invitation of proposals will incur lot of expenditure to the consultants. To avoid this, you should invite bids from a shortlist of selected consultants, usually not  less  than three  and not  more than  six  to  ensure  adequate competition.

Seeking Expression of Interest through Advertisement

For small consulting assignments1 you can prepare a shortlist of well performing consultants and if there are more number of consultants, you should seek expressions of interest by advertising in the press. You have to give details of the assignment and request the consultants to furnish organisation details, qualifications and experience of the key staff, qualifications towards assignment, similar assignments performed, financial standing of the firm and so on. This will provide equal opportunities for all interested consultants to get shortlisted.

Posted Date: 9/28/2012 3:48:21 AM | Location : United States







Related Discussions:- Advertise for inviting proposals, Assignment Help, Ask Question on Advertise for inviting proposals, Get Answer, Expert's Help, Advertise for inviting proposals Discussions

Write discussion on Advertise for inviting proposals
Your posts are moderated
Related Questions
Input to Quality Control Process The inputs to quality control are: Project management plan: this consists of the quality management plan which helps to control quality.

QUESTION 1 Management's job is not to see the company as it is but as it can become. A strategy is a commitment to undertake one set of actions rather than another. Discuss thi

P roject Management Approach and Philosophy A philosophy is an outlook or a way of thinking about the field of application. A project management philosophy reflects the way an

Functions of Quality Standard Quality standards are the vital part in forming the Quality framework. They outline the elements of a quality. The functions of Quality standards

What is the meaning and Purpose of Education in this age of technological advancement?

QUESTION When an investment is made in a fixed interest-bearing instrument, the risk is that the secondary market rate at which these instruments trade will increase, with a re

Please quote on 5 case study questions and 6 sub questions

what is the definition for stock exchange

QUESTION 1 Motivation is a vital condition of learning. Discuss the statement and suggest ways and means by which school learning can be effectively motivated QUESTION 2

P e rforming Quality Assurance Quality assurance is the process of providing confidence that the project will satisfy  the  identified  quality  standards.  It  is  performed