Question 1

Key partners and subcontractors can help win a project for a contractor by complementing the contractor's expertise.

Accepted Answer

A) True 
 B)False

Question 2

Realistic estimated hours and hourly labour rate for each person or classification is included in the cost section.

Accepted Answer

A) True 
 B)False

Question 3

For clarification on a specific proposal, a customer may send a list of questions to be answered.

Accepted Answer

A) True 
 B)False

Question 4

Always put the client first.

Accepted Answer

A) True 
 B)False

Question 5

The contractor needs to obtain advance approval from the customer before hiring a subcontractor to perform a project task.

Accepted Answer

A) True 
 B)False

Question 6

The bid or no-bid decision is made on the capability to develop a quality proposal as well as the capability to complete the project if the contractor wins the bid.

Accepted Answer

A) True 
 B)False

Question 7

Contracts for projects that are done for a foreign customer or are conducted in part in a foreign country do not require the contractor to make certain accommodations.

Accepted Answer

A) True 
 B)False

Question 8

The win ratio is the percentage of the number of proposals a contractor won out of the total number of proposals the contractor submitted to various customers over a particular time period.

Accepted Answer

A) True 
 B)False

Question 9

It is good practice to have the person who will be responsible for the major work tasks estimate the associated costs.

Accepted Answer

A) True 
 B)False

Question 10

At times, patents may result from performing the project.

Accepted Answer

A) True 
 B)False

Question 11

Materials that would be used for a construction project are

Accepted Answer

A) concrete, truck delivery fees and permits. 
B) people, money, and time. 
C) lumber, windows, and paint. 
D) rough carpenters, plumbers, and finishers. 
A) concrete, truck delivery fees and permits. 
B) people, money, and time. 
C) lumber, windows, and paint. 
D) rough carpenters, plumbers, and finishers.

Question 12

It is unfair to receive a non-competitive contract with a customer that was thinking about developing an RFP.

Accepted Answer

A) True 
 B)False

Question 13

The schedule can include times for major tasks and key milestones to show sequence and interdependencies of the tasks.

Accepted Answer

A) True 
 B)False

Question 14

Costs of escalation are costs associated with the increased costs for materials and wages in a long term project.

Accepted Answer

A) True 
 B)False

Question 15

Management reserves are the estimated costs to cover unexpected situations.

Accepted Answer

A) True 
 B)False

Question 16

Specific criteria listed in the RFP should be restated in the proposal to reinforce to the customer that the contractor understands the requirements.

Accepted Answer

A) True 
 B)False

Question 17

Your company has been supplying a local company with warehouse management.A proposed project requires warehouse management in 15 national locations.This is an example of how the contractor could

Accepted Answer

A) take on too much risk because they have only worked with a small company. 
B) hurt its local reputation by working on projects with other companies. 
C) develop its proposal writing skills by bidding on the project. 
D) extend its capabilities and expand its business to a larger customer base. 
A) take on too much risk because they have only worked with a small company. 
B) hurt its local reputation by working on projects with other companies. 
C) develop its proposal writing skills by bidding on the project. 
D) extend its capabilities and expand its business to a larger customer base.

Question 18

It is important to emphasise the unique features that differentiate the contractor from other contractors.

Accepted Answer

A) True 
 B)False

Question 19

The contract must clearly spell out

Accepted Answer

A) the names of those responsible for tasks. 
B) the number of contact hours the contractor must have with the customer. 
C) the deliverables the contractor is expected to provide. 
D) the level of risk acceptable by the contractor. 
A) the names of those responsible for tasks. 
B) the number of contact hours the contractor must have with the customer. 
C) the deliverables the contractor is expected to provide. 
D) the level of risk acceptable by the contractor.

Question 20

The amount of profit on a project is adjusted depending upon the amount of competition for a project.

Accepted Answer

A) True 
 B)False

Key partners and subcontractors can help win a project for a contractor by complementing the contractor's expertise.

Realistic estimated hours and hourly labour rate for each person or classification is included in the cost section.

For clarification on a specific proposal, a customer may send a list of questions to be answered.

Always put the client first.

The contractor needs to obtain advance approval from the customer before hiring a subcontractor to perform a project task.

The bid or no-bid decision is made on the capability to develop a quality proposal as well as the capability to complete the project if the contractor wins the bid.

Contracts for projects that are done for a foreign customer or are conducted in part in a foreign country do not require the contractor to make certain accommodations.

The win ratio is the percentage of the number of proposals a contractor won out of the total number of proposals the contractor submitted to various customers over a particular time period.

It is good practice to have the person who will be responsible for the major work tasks estimate the associated costs.

At times, patents may result from performing the project.

Materials that would be used for a construction project are

It is unfair to receive a non-competitive contract with a customer that was thinking about developing an RFP.

The schedule can include times for major tasks and key milestones to show sequence and interdependencies of the tasks.

Costs of escalation are costs associated with the increased costs for materials and wages in a long term project.

Management reserves are the estimated costs to cover unexpected situations.

Specific criteria listed in the RFP should be restated in the proposal to reinforce to the customer that the contractor understands the requirements.

Your company has been supplying a local company with warehouse management.A proposed project requires warehouse management in 15 national locations.This is an example of how the contractor could

It is important to emphasise the unique features that differentiate the contractor from other contractors.

The contract must clearly spell out

The amount of profit on a project is adjusted depending upon the amount of competition for a project.

Project Management Concepts

Identifying and Selecting Projects

Defining Scope, Quality, Responsibility and Activity Sequence

Developing the Schedule

Resource Utilisation

Determining Costs, Budget and Earned Value

Managing Risk

Closing the Project

The Project Manager

The Project Team

Project Communication and Documentation

Project Management Organisational Structures

Filters

Exam 3: Developing Project Proposals

Key partners and subcontractors can help win a project for a contractor by complementing the contractor's expertise.

Realistic estimated hours and hourly labour rate for each person or classification is included in the cost section.

For clarification on a specific proposal, a customer may send a list of questions to be answered.

Always put the client first.

The contractor needs to obtain advance approval from the customer before hiring a subcontractor to perform a project task.

The bid or no-bid decision is made on the capability to develop a quality proposal as well as the capability to complete the project if the contractor wins the bid.

Contracts for projects that are done for a foreign customer or are conducted in part in a foreign country do not require the contractor to make certain accommodations.

The win ratio is the percentage of the number of proposals a contractor won out of the total number of proposals the contractor submitted to various customers over a particular time period.

It is good practice to have the person who will be responsible for the major work tasks estimate the associated costs.

At times, patents may result from performing the project.

Materials that would be used for a construction project are

It is unfair to receive a non-competitive contract with a customer that was thinking about developing an RFP.

The schedule can include times for major tasks and key milestones to show sequence and interdependencies of the tasks.

Costs of escalation are costs associated with the increased costs for materials and wages in a long term project.

Management reserves are the estimated costs to cover unexpected situations.

Specific criteria listed in the RFP should be restated in the proposal to reinforce to the customer that the contractor understands the requirements.

Your company has been supplying a local company with warehouse management.A proposed project requires warehouse management in 15 national locations.This is an example of how the contractor could

It is important to emphasise the unique features that differentiate the contractor from other contractors.

The contract must clearly spell out

The amount of profit on a project is adjusted depending upon the amount of competition for a project.

Project Management Concepts

Identifying and Selecting Projects

Defining Scope, Quality, Responsibility and Activity Sequence

Developing the Schedule

Resource Utilisation

Determining Costs, Budget and Earned Value

Managing Risk

Closing the Project

The Project Manager

The Project Team

Project Communication and Documentation

Project Management Organisational Structures

Filters