Exam 3: Developing Project Proposals

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Proposal preparation is completed by

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

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A ballpark estimate is acceptable for the proposal. There will be time to figure out the budget after the contract is won.

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Historical data can be used to guide estimating costs for a proposed project.

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If there is high risk for the success of a project, the contractor should include a cost-reimbursement plan in their cost section if the RFP did not specify a contract type.

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A good way to start a conversation with a potential customer at XYZ Company is

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A desired profit is added after calculating all the direct and indirect costs for a project.

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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.

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It is illegal for the contractor to overstate the hours or costs.

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Good pre-RFP marketing helps a contractor to know if funds will be available for a project in an RFP.

(True/False)
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The cost of developing a proposal should be added in as a direct expense in the budget for a proposal.

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