Deck 3: Developing Project Proposals

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Question
Good pre-RFP marketing helps a contractor to know if funds will be available for a project in an RFP.
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Question
Waiting to develop a proposal until an RFP is announced is important to be sure all the information is available.
Question
It is unfair to receive a noncompetitive contract with a customer that was thinking about developing an RFP.
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
Always put the client first.
Question
Successful contract opportunities are grounded in relationships.
Question
A contractor's pre­RFP/proposal efforts are crucial to establishing the foundation for eventually winning a contract
from the customer.
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
You learn more by telling than by listening.
Question
It is ok to use foul language, slang, and jargon with clients.Especially when they are using them.
Question
Establishing and building trust is key to developing effective and successful relationships with clients and partners.
Question
A contractor should make a no-bid decision for a project that would not be consistent the contractor's business mission.
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
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
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
It is unethical to submit an unsolicited proposal to a customer.
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
The cost of developing a proposal should be added in as a direct expense in the budget for a proposal.
Question
A specific proposed solution should be suggested for the customer's need.
Question
A proposal manager is required to have a consistent, comprehensive proposal by the due date in the RFP.
Question
It is important to emphasize the unique features that differentiate the contractor from other contractors.
Question
The customer selects the proposal that it expects will provide the best value.
Question
A contractor should only respond to RFPs if they have the required resources already on their staff.
Question
Proposals must be realistic in terms of the proposed scope, cost, and schedule in the eyes of the customer.
Question
Key partners and subcontractors can help win a project for a contractor by complementing the contractor's expertise.
Question
The length of the proposal is not as important as the quality of the information contained in the proposal.
Question
The proposal should include a lengthy, detailed list of activities to show planning has been well thought out by the contractor.
Question
Including complicated graphics in a proposal demonstrates a contractor's advanced skill and shows specific technical expertise.
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
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
Quantitative and qualitative benefits to the customer should be stated to help convince the customer of the value of the proposed result.
Question
A bid/no-bid checklist helps a contractor to decide whether to submit a proposal in response to an RFP.
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 customer uses a request for proposal to solicit bids and then award a noncompetitive contract.
Question
A complex proposal is a technical report with charts and figures to explain the approach.
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
Developing a large proposal is a project.
Question
Indirect costs of doing business are included in proposals where the customer permits the charging of indirect costs.
Question
Costs of escalation are costs associated with the increased costs for materials and wages in a long term project.
Question
A ballpark estimate is acceptable for the proposal.There will be time to figure out the budget after the contract is won.
Question
Local travel is usually not included in the project costs.
Question
Management reserves are the estimated costs to cover unexpected situations.
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 estimating costs for a proposed project.
Question
The schedule can include times for major tasks and key milestones to show sequence and interdependencies of the tasks.
Question
For projects that are new and have high risk, the contractor should include larger amounts of contingency.
Question
Special facilities for a project are a project cost and should be included in the project cost estimates for the proposal.
Question
Equipment that is included in the project costs are those required by the project.
Question
It is good practice to have the person who will be responsible for the major work tasks estimate the associated costs.
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
A desired profit is added after calculating all the direct and indirect costs for a 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
Realistic estimated hours and hourly labor rate for each person or classification is included in the cost section.
Question
Documentation deliverables are sometimes shown as separate costs in the project cost estimate.
Question
A contractor that is entering a similar but new field should plan a smaller profit to increase chances of winning the project.
Question
Inclusion of an organization chart or assigned responsibility is helpful for the customer to evaluate the expertise of the project staff.
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
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
The customer will make payments to the contractor according to the payment schedule in the contract.
Question
The customer will pay the contractor a bonus if the project is completed ahead of schedule or exceeds other customer performance requirements.
Question
The contractor needs to obtain advance approval from the customer before hiring a subcontractor to perform a project task.
Question
At times, patents may result from performing the project.
Question
The amount of profit on a project is adjusted depending upon the amount of competition for a 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
For clarification on a specific proposal, a customer may send a list of questions to be answered.
Question
The customer can terminate the contract according to requirements in the contract.
Question
As soon as a contractor finds out it is the winner, it can start working on the project.
Question
All changes must be documented and approved by the contractor's project team before they are incorporated into the project.
Question
The contractor must notify the customer immediately of any actual or anticipated cost savings or schedule delays.
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
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
It is illegal for the contractor to overstate the hours or costs.
Question
Project proposals are evaluated with a standard set of criteria.
Question
Proposal evaluation scorecards are used in the decision making process to inform the final choice.
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.
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Deck 3: Developing Project Proposals
1
Good pre-RFP marketing helps a contractor to know if funds will be available for a project in an RFP.
True
2
Waiting to develop a proposal until an RFP is announced is important to be sure all the information is available.
False
3
It is unfair to receive a noncompetitive contract with a customer that was thinking about developing an RFP.
False
4
Contractors interested in submitting a proposal in response to an RFP must be realistic about the probability of being selected as the winning contractor.
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Unlock for access to all 112 flashcards in this deck.
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k this deck
5
Always put the client first.
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Unlock for access to all 112 flashcards in this deck.
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k this deck
6
Successful contract opportunities are grounded in relationships.
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
7
A contractor's pre­RFP/proposal efforts are crucial to establishing the foundation for eventually winning a contract
from the customer.
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
8
A contractor should avoid no-bid decisions.
Unlock Deck
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k this deck
9
Taking credit for outcomes that others have accomplished is a way to build yourself for others to respect you.
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Unlock for access to all 112 flashcards in this deck.
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k this deck
10
You learn more by telling than by listening.
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11
It is ok to use foul language, slang, and jargon with clients.Especially when they are using them.
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k this deck
12
Establishing and building trust is key to developing effective and successful relationships with clients and partners.
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
13
A contractor should make a no-bid decision for a project that would not be consistent the contractor's business mission.
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Unlock for access to all 112 flashcards in this deck.
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k this deck
14
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.
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Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
15
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 112 flashcards in this deck.
Unlock Deck
k this deck
16
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.
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k this deck
17
It is unethical to submit an unsolicited proposal to a customer.
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
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k this deck
18
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 112 flashcards in this deck.
Unlock Deck
k this deck
19
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 112 flashcards in this deck.
Unlock Deck
k this deck
20
The cost of developing a proposal should be added in as a direct expense in the budget for a proposal.
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k this deck
21
A specific proposed solution should be suggested for the customer's need.
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k this deck
22
A proposal manager is required to have a consistent, comprehensive proposal by the due date in the RFP.
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Unlock for access to all 112 flashcards in this deck.
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k this deck
23
It is important to emphasize the unique features that differentiate the contractor from other contractors.
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24
The customer selects the proposal that it expects will provide the best value.
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k this deck
25
A contractor should only respond to RFPs if they have the required resources already on their staff.
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k this deck
26
Proposals must be realistic in terms of the proposed scope, cost, and schedule in the eyes of the customer.
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27
Key partners and subcontractors can help win a project for a contractor by complementing the contractor's expertise.
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Unlock for access to all 112 flashcards in this deck.
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k this deck
28
The length of the proposal is not as important as the quality of the information contained in the proposal.
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29
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 112 flashcards in this deck.
Unlock Deck
k this deck
30
Including complicated graphics in a proposal demonstrates a contractor's advanced skill and shows specific technical expertise.
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
31
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.
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Unlock for access to all 112 flashcards in this deck.
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k this deck
32
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.
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k this deck
33
Quantitative and qualitative benefits to the customer should be stated to help convince the customer of the value of the proposed result.
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Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
34
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 112 flashcards in this deck.
Unlock Deck
k this deck
35
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 112 flashcards in this deck.
Unlock Deck
k this deck
36
A customer uses a request for proposal to solicit bids and then award a noncompetitive contract.
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
37
A complex proposal is a technical report with charts and figures to explain the approach.
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k this deck
38
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 112 flashcards in this deck.
Unlock Deck
k this deck
39
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 112 flashcards in this deck.
Unlock Deck
k this deck
40
Developing a large proposal is a project.
Unlock Deck
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Unlock Deck
k this deck
41
Indirect costs of doing business are included in proposals where the customer permits the charging of indirect costs.
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k this deck
42
Costs of escalation are costs associated with the increased costs for materials and wages in a long term project.
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k this deck
43
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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k this deck
44
Local travel is usually not included in the project costs.
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45
Management reserves are the estimated costs to cover unexpected situations.
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46
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.
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k this deck
47
Historical data can be used to guide estimating costs for a proposed project.
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k this deck
48
The schedule can include times for major tasks and key milestones to show sequence and interdependencies of the tasks.
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k this deck
49
For projects that are new and have high risk, the contractor should include larger amounts of contingency.
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k this deck
50
Special facilities for a project are a project cost and should be included in the project cost estimates for the proposal.
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k this deck
51
Equipment that is included in the project costs are those required by the project.
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k this deck
52
It is good practice to have the person who will be responsible for the major work tasks estimate the associated costs.
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Unlock Deck
k this deck
53
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 112 flashcards in this deck.
Unlock Deck
k this deck
54
Contractors may outsource some of the work to subcontractors or consultants to perform certain project tasks.
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
55
A desired profit is added after calculating all the direct and indirect costs for a project.
Unlock Deck
Unlock for access to all 112 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 112 flashcards in this deck.
Unlock Deck
k this deck
57
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 112 flashcards in this deck.
Unlock Deck
k this deck
58
Documentation deliverables are sometimes shown as separate costs in the project cost estimate.
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
59
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 112 flashcards in this deck.
Unlock Deck
k this deck
60
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 112 flashcards in this deck.
Unlock Deck
k this deck
61
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 112 flashcards in this deck.
Unlock Deck
k this deck
62
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 112 flashcards in this deck.
Unlock Deck
k this deck
63
The customer will make payments to the contractor according to the payment schedule in the contract.
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
64
The customer will pay the contractor a bonus if the project is completed ahead of schedule or exceeds other customer performance requirements.
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
65
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 112 flashcards in this deck.
Unlock Deck
k this deck
66
At times, patents may result from performing the project.
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
67
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 112 flashcards in this deck.
Unlock Deck
k this deck
68
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 112 flashcards in this deck.
Unlock Deck
k this deck
69
Responding to follow-up communications may be viewed as an unfair advantage for contractors.
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
70
For clarification on a specific proposal, a customer may send a list of questions to be answered.
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
71
The customer can terminate the contract according to requirements in the contract.
Unlock Deck
Unlock for access to all 112 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 112 flashcards in this deck.
Unlock Deck
k this deck
73
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 112 flashcards in this deck.
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k this deck
74
The contractor must notify the customer immediately of any actual or anticipated cost savings or schedule delays.
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
75
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 112 flashcards in this deck.
Unlock Deck
k this deck
76
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 112 flashcards in this deck.
Unlock Deck
k this deck
77
It is illegal for the contractor to overstate the hours or costs.
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
78
Project proposals are evaluated with a standard set of criteria.
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
79
Proposal evaluation scorecards are used in the decision making process to inform the final choice.
Unlock Deck
Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
80
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.
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Unlock for access to all 112 flashcards in this deck.
Unlock Deck
k this deck
locked card icon
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