Multiple Choice
A contractor bidding on a fixed-price project must develop
A) accurate and complete cost estimates and include sufficient contingency costs.
B) a well-defined project with low risk.
C) techniques to control costs and reduce expenses to make a larger profit.
D) techniques to determine the cost-at-completion with actual expenditures.
Correct Answer:
Verified
Correct Answer:
Verified
Q8: If there is high risk for the
Q9: Proposal preparation is completed by<br>A) a single
Q10: Establishing and building trust is key to
Q11: _ establish the foundation for successful funding.<br>A)
Q12: For projects that are new and have
Q14: All changes must be documented and approved
Q15: If the RFP format requirement states a
Q16: Including complicated graphics in a proposal demonstrates
Q17: A customer uses a request for proposal
Q18: A(n)_ gives the major project functions along