Deck 3: Developing Project Proposals

Full screen (f)
exit full mode
Question
It is ok to use foul language, slang, and jargon with clients.Especially when they are using them.
Use Space or
up arrow
down arrow
to flip the card.
Question
A contractor should make a no-bid decision for a project that would not be consistent the contractor's business mission.
Question
You learn more by telling than by listening.
Question
A contractor's pre-RFP/proposal efforts are crucial to establishing the foundation for eventually winning a contract from the customer.
Question
A contractor should bid on RFPs where there is little or no competition and avoid ones where they might have a competitor bid on the project.
Question
It is unfair to receive a noncompetitive contract with a customer that was thinking about developing an RFP.
Question
Successful contract opportunities are grounded in relationships.
Question
A contractor should avoid no-bid decisions.
Question
Taking credit for outcomes that others have accomplished is a way to build yourself for others to respect you.
Question
An RFP says that the contract planned is to be fixed price.The project is well-defined and low risk.The contractor should bid based upon the contract type and risk level.
Question
Waiting to develop a proposal until an RFP is announced is important to be sure all the information is available.
Question
The cost of developing a proposal should be added in as a direct expense in the budget for a proposal.
Question
The reputation of the company that announced the RFP should be evaluated as a factor as well as the reputation of the contractor when making a bid or no-bid decision.
Question
Always put the client first.
Question
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.
Question
Helping customers identify needs, even if they are needs your company cannot help them address, is a way to position your company to win future contracts.
Question
Establishing and building trust is key to developing effective and successful relationships with clients and partners.
Question
Contractors interested in submitting a proposal in response to an RFP must be realistic about the probability of being selected as the winning contractor.
Question
Good pre-RFP marketing helps a contractor to know if funds will be available for a project in an RFP.
Question
It is unethical to submit an unsolicited proposal to a customer.
Question
The length of the proposal is not as important as the quality of the information contained in the proposal.
Question
Quantitative and qualitative benefits to the customer should be stated to help convince the customer of the value of the proposed result.
Question
A specific proposed solution should be suggested for the customer's need.
Question
Proposals must be realistic in terms of the proposed scope, cost, and schedule in the eyes of the customer.
Question
If the RFP format requirement states a page limit, the customer can reject a proposal that exceeds the page limit without any further review.
Question
A contractor should only respond to RFPs if they have the required resources already on their staff.
Question
A proposal manager is required to solely author a consistent, comprehensive proposal by the due date in the RFP.
Question
A customer uses a request for proposal to solicit bids and then award a noncompetitive contract.
Question
A bid/no-bid checklist helps a contractor to decide whether to submit a proposal in response to an RFP.
Question
Submitting a proposal that meets the customer's statement of work and requirements is all that is needed to secure a contract.
Question
Specific criteria listed in the RFP should be restated in the proposal to reinforce to the customer that the contractor understands the requirements.
Question
Including complicated graphics in a proposal demonstrates a contractor's advanced skill and shows specific technical expertise.
Question
A complex proposal is a technical report with charts and figures to explain the approach.
Question
Developing a large proposal is a project.
Question
The customer selects the proposal that it expects will provide the best value.
Question
Proposals that promise too much or are overly optimistic may seem believable and support that the contractor understands what needs to be done and how to do it.
Question
Key partners and subcontractors can help win a project for a contractor by complementing the contractor's expertise.
Question
The proposal should include a lengthy, detailed list of activities to show planning has been well thought out by the contractor.
Question
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.
Question
It is important to emphasize the unique features that differentiate the contractor from other contractors.
Question
Inclusion of an organization chart or assigned responsibility is helpful for the customer to evaluate the expertise of the project staff.
Question
For projects that are new and have high risk, the contractor should include larger amounts of contingency reserves.
Question
A desired profit is added after calculating all the direct and indirect costs for a project.
Question
Management reserves are the estimated costs to cover unexpected situations.
Question
Local travel is usually not included in the project costs.
Question
Special facilities for a project are a project cost and should be included in the project cost estimates for the proposal.
Question
Costs of escalation are costs associated with the increased costs for materials and wages in a long term project.
Question
The objective of the cost section of the contractor proposal is to convince the customer that the contractor's price for the proposed project is realistic and reasonable.
Question
Contractors may outsource some of the work to subcontractors or consultants to perform certain project tasks.
Question
Documentation deliverables are sometimes shown as separate costs in the project cost estimate.
Question
Realistic estimated hours and hourly labor rate for each person or classification is included in the cost section.
Question
A ballpark estimate is acceptable for the proposal.There will be time to figure out the budget after the contract is won.
Question
A contractor that is entering a similar but new field should plan a smaller profit to increase chances of winning the project.
Question
If a customer has stated the budget in the RFP, the customer might reject proposals that have cost estimates greater than the budget without further review of the proposal.
Question
Historical data can be used to guide the estimation of costs for a proposed project.
Question
By participating in pre-RFP meetings, a contractor may gain budget intelligence and be able to submit a project proposal with a more appropriate level of effort expected.
Question
It is good practice to have the person who will be responsible for the major work tasks estimate the associated costs.
Question
Indirect costs of doing business are included in proposals where the customer permits the charging of indirect costs.
Question
The schedule can include times for major tasks and key milestones to show sequence and interdependencies of the tasks.
Question
Equipment that is included in the project costs are those required by the project.
Question
The contractor needs to obtain advance approval from the customer before hiring a subcontractor to perform a project task.
Question
The contractor must notify the customer immediately of any actual or anticipated cost savings or schedule delays.
Question
At times, patents may result from performing the project.
Question
One party is prohibited from disclosing confidential information, technologies, or processes utilized by the other party during the project to anyone else or using it for any purpose other than work on the project.
Question
Responding to follow-up communications may be viewed as an unfair advantage for contractors.
Question
Changes can be initiated by the customer or be proposed by the contractor.Some changes may necessitate a change in price (increase or decrease); others may not.
Question
Contractors measure the success of their proposal efforts by the number of times their proposals are selected by customers and/or by the total dollar value of their proposals that are selected.
Question
All changes must be documented and approved by the contractor's project team before they are incorporated into the project.
Question
Regardless of the type or customer, project proposals are evaluated with a standard set of criteria.
Question
By having a customer supply schedule, the contractor is protected from incurring schedule slippage caused by customer delays in furnishing information, parts, or other items.
Question
The amount of profit on a project is adjusted depending upon the amount of competition for a project.
Question
As soon as a contractor finds out it is the winner, it can start working on the project.
Question
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.
Question
The customer will pay the contractor a bonus if the project is completed ahead of schedule or exceeds other customer performance requirements, even if the bonus clause is not part of the contract.
Question
For clarification on a specific proposal, a customer may send a list of questions to be answered.
Question
It is illegal for the contractor to overstate the hours or costs.
Question
Contractors must continue to be proactive after submitting a proposal by contacting the customer to ensure the RFP has been received and answer any questions.
Question
The customer will make payments to the contractor according to the payment schedule in the contract.
Question
The customer can terminate the contract according to requirements in the contract.
Question
Proposal evaluation scorecards should be used in the decision making process to inform the final choice.
Unlock Deck
Sign up to unlock the cards in this deck!
Unlock Deck
Unlock Deck
1/153
auto play flashcards
Play
simple tutorial
Full screen (f)
exit full mode
Deck 3: Developing Project Proposals
1
It is ok to use foul language, slang, and jargon with clients.Especially when they are using them.
False
2
A contractor should make a no-bid decision for a project that would not be consistent the contractor's business mission.
True
3
You learn more by telling than by listening.
False
4
A contractor's pre-RFP/proposal efforts are crucial to establishing the foundation for eventually winning a contract from the customer.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
5
A contractor should bid on RFPs where there is little or no competition and avoid ones where they might have a competitor bid on the project.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
6
It is unfair to receive a noncompetitive contract with a customer that was thinking about developing an RFP.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
7
Successful contract opportunities are grounded in relationships.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
8
A contractor should avoid no-bid decisions.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
9
Taking credit for outcomes that others have accomplished is a way to build yourself for others to respect you.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
10
An RFP says that the contract planned is to be fixed price.The project is well-defined and low risk.The contractor should bid based upon the contract type and risk level.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
11
Waiting to develop a proposal until an RFP is announced is important to be sure all the information is available.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
12
The cost of developing a proposal should be added in as a direct expense in the budget for a proposal.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
13
The reputation of the company that announced the RFP should be evaluated as a factor as well as the reputation of the contractor when making a bid or no-bid decision.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
14
Always put the client first.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
15
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.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
16
Helping customers identify needs, even if they are needs your company cannot help them address, is a way to position your company to win future contracts.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
17
Establishing and building trust is key to developing effective and successful relationships with clients and partners.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
18
Contractors interested in submitting a proposal in response to an RFP must be realistic about the probability of being selected as the winning contractor.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
19
Good pre-RFP marketing helps a contractor to know if funds will be available for a project in an RFP.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
20
It is unethical to submit an unsolicited proposal to a customer.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
21
The length of the proposal is not as important as the quality of the information contained in the proposal.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
22
Quantitative and qualitative benefits to the customer should be stated to help convince the customer of the value of the proposed result.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
23
A specific proposed solution should be suggested for the customer's need.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
24
Proposals must be realistic in terms of the proposed scope, cost, and schedule in the eyes of the customer.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
25
If the RFP format requirement states a page limit, the customer can reject a proposal that exceeds the page limit without any further review.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
26
A contractor should only respond to RFPs if they have the required resources already on their staff.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
27
A proposal manager is required to solely author a consistent, comprehensive proposal by the due date in the RFP.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
28
A customer uses a request for proposal to solicit bids and then award a noncompetitive contract.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
29
A bid/no-bid checklist helps a contractor to decide whether to submit a proposal in response to an RFP.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
30
Submitting a proposal that meets the customer's statement of work and requirements is all that is needed to secure a contract.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
31
Specific criteria listed in the RFP should be restated in the proposal to reinforce to the customer that the contractor understands the requirements.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
32
Including complicated graphics in a proposal demonstrates a contractor's advanced skill and shows specific technical expertise.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
33
A complex proposal is a technical report with charts and figures to explain the approach.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
34
Developing a large proposal is a project.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
35
The customer selects the proposal that it expects will provide the best value.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
36
Proposals that promise too much or are overly optimistic may seem believable and support that the contractor understands what needs to be done and how to do it.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
37
Key partners and subcontractors can help win a project for a contractor by complementing the contractor's expertise.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
38
The proposal should include a lengthy, detailed list of activities to show planning has been well thought out by the contractor.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
39
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.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
40
It is important to emphasize the unique features that differentiate the contractor from other contractors.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
41
Inclusion of an organization chart or assigned responsibility is helpful for the customer to evaluate the expertise of the project staff.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
42
For projects that are new and have high risk, the contractor should include larger amounts of contingency reserves.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
43
A desired profit is added after calculating all the direct and indirect costs for a project.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
44
Management reserves are the estimated costs to cover unexpected situations.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
45
Local travel is usually not included in the project costs.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
46
Special facilities for a project are a project cost and should be included in the project cost estimates for the proposal.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
47
Costs of escalation are costs associated with the increased costs for materials and wages in a long term project.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
48
The objective of the cost section of the contractor proposal is to convince the customer that the contractor's price for the proposed project is realistic and reasonable.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
49
Contractors may outsource some of the work to subcontractors or consultants to perform certain project tasks.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
50
Documentation deliverables are sometimes shown as separate costs in the project cost estimate.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
51
Realistic estimated hours and hourly labor rate for each person or classification is included in the cost section.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
52
A ballpark estimate is acceptable for the proposal.There will be time to figure out the budget after the contract is won.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
53
A contractor that is entering a similar but new field should plan a smaller profit to increase chances of winning the project.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
54
If a customer has stated the budget in the RFP, the customer might reject proposals that have cost estimates greater than the budget without further review of the proposal.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
55
Historical data can be used to guide the estimation of costs for a proposed project.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
56
By participating in pre-RFP meetings, a contractor may gain budget intelligence and be able to submit a project proposal with a more appropriate level of effort expected.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
57
It is good practice to have the person who will be responsible for the major work tasks estimate the associated costs.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
58
Indirect costs of doing business are included in proposals where the customer permits the charging of indirect costs.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
59
The schedule can include times for major tasks and key milestones to show sequence and interdependencies of the tasks.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
60
Equipment that is included in the project costs are those required by the project.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
61
The contractor needs to obtain advance approval from the customer before hiring a subcontractor to perform a project task.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
62
The contractor must notify the customer immediately of any actual or anticipated cost savings or schedule delays.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
63
At times, patents may result from performing the project.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
64
One party is prohibited from disclosing confidential information, technologies, or processes utilized by the other party during the project to anyone else or using it for any purpose other than work on the project.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
65
Responding to follow-up communications may be viewed as an unfair advantage for contractors.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
66
Changes can be initiated by the customer or be proposed by the contractor.Some changes may necessitate a change in price (increase or decrease); others may not.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
67
Contractors measure the success of their proposal efforts by the number of times their proposals are selected by customers and/or by the total dollar value of their proposals that are selected.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
68
All changes must be documented and approved by the contractor's project team before they are incorporated into the project.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
69
Regardless of the type or customer, project proposals are evaluated with a standard set of criteria.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
70
By having a customer supply schedule, the contractor is protected from incurring schedule slippage caused by customer delays in furnishing information, parts, or other items.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
71
The amount of profit on a project is adjusted depending upon the amount of competition for a project.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
72
As soon as a contractor finds out it is the winner, it can start working on the project.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
73
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.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
74
The customer will pay the contractor a bonus if the project is completed ahead of schedule or exceeds other customer performance requirements, even if the bonus clause is not part of the contract.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
75
For clarification on a specific proposal, a customer may send a list of questions to be answered.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
76
It is illegal for the contractor to overstate the hours or costs.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
77
Contractors must continue to be proactive after submitting a proposal by contacting the customer to ensure the RFP has been received and answer any questions.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
78
The customer will make payments to the contractor according to the payment schedule in the contract.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
79
The customer can terminate the contract according to requirements in the contract.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
80
Proposal evaluation scorecards should be used in the decision making process to inform the final choice.
Unlock Deck
Unlock for access to all 153 flashcards in this deck.
Unlock Deck
k this deck
locked card icon
Unlock Deck
Unlock for access to all 153 flashcards in this deck.