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What work goes on previous to project start-up?
Before project start-up, work is required to establish the things and scope of the project. This is essential to establish the dimensions of the ‘triple limitation’ of time, scope and cost /product/quality. Where the growth work is to be undertaken through an external supplier, here may also be a procedure of tendering and negotiating an appropriate form of contract for the project.
Moreover, the project may be preceded through a feasibility study that is designed to set-up the business case for the project and possibly to explore optional methods of meeting the perceived business require.
Steps involved for International/Global Competitive Bidding (ICB) Now that we are aware of the requirements of ICB, let us understand the steps involved in ICB. There can b
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