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Bidding is a process in which you quote money in exchange of goods or services through an auction. They are two types of auctions: open auction and silent auction. In an open auction, interested parties compete for acquisitions by offering a higher bid than the offer that is currently on the table and higher than the competitive bidders. In silent auction, there is no quote on table; the quoted bid is the maximum price that the bidder is willing to pay for the goods or services.
The most widely used methods of bidding are as follows:
QUESTION a) The purpose of project management is to achieve successful project completion with the resources available. Regardless of the method that is used to handle a projec
advantages and disadvantages
got a case study of IKEA..have to make ghantt chart and work breakdown structure
Assignment #2 . Assignment #2 You will need to first develop a customer''s Request for Proposal (RFP), then go to the simplified Project Proposal on pages 76-78 of your text a
reasons of negotiation
Review business plan (information can be found on corporate marketing plan) to establish critical dates and initiatives that will require or generate resources in next financial c
P roject value The organisations add value to the business through the series of processes. Increasingly such processes are usually undertaken within the context of the projec
Introduction to Risk Management Let us begin with defining Risk. Risk, is an integral part of the business scenario, and can be termed as a potential event that can have opport
Creating a Risk Management Plan The main aim of risk management is to develop a well-structured approach to deal with any kind of uncertainty, which create threats in the proj
application of differential costing in project
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