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Bidding is a process in which you quote money in exchange of goods or services through an auction. They are two types of auctions: open auction and silent auction. In an open auction, interested parties compete for acquisitions by offering a higher bid than the offer that is currently on the table and higher than the competitive bidders. In silent auction, there is no quote on table; the quoted bid is the maximum price that the bidder is willing to pay for the goods or services.
The most widely used methods of bidding are as follows:
Network diagrams and bar charts have different parts to play within planning a project. Where each of such tools used is and what does this demonstrate? The network diagram dis
how to manage the parts?
Verification is the process by which one can ensure that a model is performing as expected or intended. The process of verification is a challenging one for the project concerned a
Question 1: Discuss the major elements required in a project control system and explain how a control system can be developed. Question 2: (a) Explain the role and natu
QUESTION (a) Accurate estimation is crucial for effective planning and control and is associated with time, information, experience of estimator, techniques used and funding. D
Q. Why do projects always seem to cost more than expected? In general this seems to stem from three causes. The first may merely be an overly optimistic cost estimate. Sometime
How is the Performance Appraisal help in operational decision making? Performance Appraisal helps in operational decision making in personnel management gives clues to manageme
assignment of associated technology co.
Organization of Material Management: To facilitate planning direction control and co ordination of various activities related to material in an enterprise thee should
Solution-if I am the owner of the three coffee shops within a 50 mile radius, then I would adopt a de-centralized management model having self directed teams. This will help me in
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