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The project manager is normally responsible for developing a request for proposal (RFP) or Request for Quote (RFQ) for the project or sections of the project. Using the Appendix 2.1 description from Larson's and Gray's textbook and Project Procurement Management - chapter 12 from Schwalbe's textbook please answer to the five questions listed below:
1. Identify major reasons why organizations outsource projects or sections of projects?
2. Why, how, when and where RFP or RFQ are use in the project process? Define briefly the difference between RFP and RFQ.
3. What is the core content of the RFP - briefly describe the main elements?
4. What is involved in the selection of contractor from bid proposals (RFP or RFQ)? Describe the steps in the selection process.
5. What is the main purpose of a procurement audit? Identify adequate change control on projects that involve outside contracts.
Given a change in interest rates, is the price sensitivity of a bond generally greater the longer before the bond matures? Explain in detail.
You are required to submit an individual reflection on your personal learning during this module. Students are expected to include their thoughts and learning from working with others in a group in order to produce the report in addition to reflec..
Production for the current period was assigned a $200,000 standard direct labour cost. Illustrate what is the actual total direct labour cost for the current period?
One fundamental question an organization should ask in determining its purpose is, "What do we stand for?" This question is the critical link between ethics and strategy
Use the Internet to research companies that utilize either external or internal recruiting processes. Next, based on your research, provide three (3) characteristics of a job where either external or internal recruitment would be ideal. Next, determi..
An analyst for a municipal public housing agency explained the choice of a discount rate as follows: "Our agency funds its capital investments through nationally issued bonds. The effective interest rate that we pay on the bonds is the cost that t..
The cost of operating the cutting department two more hours each day is $1,600. The contribution margin of the finished products is $6 each. Inventory carrying costs are $0.40 per unit per day. Illustrate what is the total production per day if th..
If you are employed, what are some the most disturbing compensation issues in your organization? If not employed, based on what you've read and experienced which of these complaints would likely upset you the most and why?
On the "Problem Solutions Matrix," the category "Customer Importance" received twice the weight of all other categories. Using what you learned from the Topic.
Write 2-3 sentences that describes the training and a concise statement of the overall purpose of the training. Design worksheet which is Attached to design.
Health care facilities maintain either a manual or automated master patient index.
How would you appraise the western nations' economic sanctions on Russia? Was it successful? Why or why not? Ask for details.
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