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

What is a project plan and what does it involve, Q. What is a project plan ...

Q. What is a project plan and what does it involve? A well incorporated project plan is the primary tool for effective coordination of the work and for tracking and steering pr

Describe quality control, Question 1 There cannot be a single ideal str...

Question 1 There cannot be a single ideal structure for all organisations as different organisations have different size, environment, resources, technologies, and goals. There

Concept development and testing in process of development, Q. Concept Devel...

Q. Concept Development and Testing in process of development? A concept is an elaborated version of the product idea. The concepts are developed to the extent of the new produc

Quality tools in process improvement, Question : (a) Describe the impor...

Question : (a) Describe the importance of the following quality tools in process improvement: (i) Pareto diagrams (ii) cause-and-effect diagrams (b) The Managi

Why do projects always seem to take longer than expected, Q. Why do project...

Q. Why do projects always seem to take longer than expected? Usually this is because it is relatively easy to assign time allowances to all the activities that have been though

Sequence activities and milestones , This assignment is designed to demonst...

This assignment is designed to demonstrate your understanding of project scheduling, time and cost estimation. Assignment: Update your group's WBS created in Assignment 1

Project specification and planning, Industrial Design Industrial Desig...

Industrial Design Industrial Design differs from conventional design engineering in terms of (largely) aesthetic and ergonomic requirements, coupled with a need for effective

Project management, • What do you consider are the leadership skills requir...

• What do you consider are the leadership skills required of a project manager in relation to the processes involved in managing complex projects? • In any project it is important

What are the advantages of critical path analysis, What are the advantages ...

What are the advantages of critical path analysis? Advantages of critical path analysis (CPA): a. Classifies interrelationships in between various activities or tasks

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