Bidding , Project Management

Assignment Help:

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: 

  •   International/Global Competitive Bidding (ICB). 
  •   Limited International Competitive Bidding (LIB). 
  •   National Competitive Bidding (NCB).  

Related Discussions:- Bidding

Employee involvement and error-free process, Elements of total quality mana...

Elements of total quality management: Employee involvement: Employee involvement  and team building helps in fostering collaboration, trust, open, honest communication

Processes and customer involvement, Processes and Customer Involvement ...

Processes and Customer Involvement Many processes are designed keeping in mind that value is provided by involving the customer in the delivery of the final product.  The invo

Functional requirements for an exhibition management system, Question: ...

Question: (a) Consider the following quality goals and provide a way to make the goal more tangible such that it can be easily verified: i. Software should be user friendl

Differential costing, application of differential costing in project

application of differential costing in project

ASF Mobile App Development, Australian’s Speleological App Project Speleolo...

Australian’s Speleological App Project Speleology is the scientific study of caves and other

Relationship between values and behavior, Strong organisational values, eng...

Strong organisational values, engaging vision that is inspirational for employees as well as creating a sense of involvement with effective communication channels.Organizational va

What area would you use to check the strategy was sound, When you had to gr...

When you had to grow a strategy for a tiny software house employing fifty or therefore professional computer people, then how would you go regarding it? What area would you use to

Cobit, compare cobit 4.1 with cobit 5

compare cobit 4.1 with cobit 5

What are the major characteristics of a project, Question : (a) Organi...

Question : (a) Organizations and individuals have studied a number of projects that have both succeeded and failed and some common factors emerge. Can you give some reasons fo

Explain the utility of base costs, Question 1: (a) ‘One of the most pow...

Question 1: (a) ‘One of the most powerful concept as advocated by Total Quality Management is that of the internal customer and supplier.' With reference to examples you ar

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd