Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
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:
Notice of enquiry: the enquiry should be normally held within a reasonable time of receiving the explanation. Proper and sufficient advance notice should be given indicating the d
Question 1: (a) Discuss on the effectiveness of 360 Degree Feedback by describing 5 of its advantages and disadvantages respectively. (b) What are the factors which affect
Question: (a) Give reasons for the emergence and development of International HRM as a new area of academic study and management. (b) Elaborate on the issues that contribut
can i get a ready made assignment on it?
What are the roles of a manager in an organisation? Roles of a manager in an organisation: A manager controls, directs and organizes different activities of the enterprise
What is HRM? What is strategic HRM? How are they different? How does a strategic approach to HRM contribute to an organisations ability to respond to changing environmental circums
Describe the potential causes of this scenario.inimum Describe the potential causes of this scenario.
Question 1: Show the resources required to implement a project Manpower examples may be Material Tools and plants Infrastructure Conclusion Questio
Q. What are the Factors affecting recruitment? Factors affecting recruitment: External factors: these are various factors which have their impact on the recruitment and
build an argument to support the statement '''' management by objectives is an effective approach for evaluating performance''.
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd