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Least Cost Selection (LCS)
In the previous section you learnt that FBS is used when the budget is fixed hence the consultant who has submitted the highest ranked proposal within the budget is selected.
Under LCS a minimum qualifying mark for quality is fixed and indicated in the RFP. Shortlisted consultants are requested to submit their proposals (technical and financial) in two separate envelopes. Consultant who has scored the required technical score with the lowest price is selected. LCS is not a substitute for QCBS because quality is to be ensured in LCS.
Where appropriate
You should adapt this method only for small assignments of a standard or routine nature wherein the intellectual component is minor.
Type of assignments for which method of selection is adopted
You should use LCS when the assignment involves:
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Ask question #SUGGEST ME IMPRESSING TITLE Minimum 100 words accepted#
which problems are come in selection process
Question 1: (a) Explain the term ‘Human Resource Planning' (b) What are the aims & objectives of Human Resource Planning. (c) Is Human
The scalometer: + The top five spaces are in one colour and are marked + +
Types of question: It is important to distinguish between the different types of questions that can be used in a questionnaire. There are a number of forms of classification,
QUESTION 1 You have been appointed as the new Human Resource Manager in a service organization. Your first task is recruit and select customer service representatives in the or
Q. Strategizing in career strategy? Strategizing is the art of devising or employing plans for stratagems towards the attainment of a goal. This step affords a valuable opportu
Q. What is Job specification? Another product of the job analysis is the job specification, term popularized by the U.S. training and employment service used to it to refer to
“Effective Human Resources Management depends upon sound reward system”. Comment.
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