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:
Question 1: (i) What can be done to increase the reliability and validly of decisions based on selection interviews? (ii) Why might the use of multiple selection intervie
Guidelines for creating a climate for discipline: The personnel manager / supervisor have to handle the problems or indiscipline based on management's policies, trade unions a
what are the implication of HR PLANNING IN AN ORGANIZATION
What are the development phase of Human resources management concept?
#questiwhat are the important principles that have to be observed in the maintenance of disciplineon..
EFFECTIVE hrm depends upon sound reward system, comment
im a new one.plz help me in hr assignment
what are the risks involved in moving from a project - centric mode to a mix of projects and products?
Recording Results: We have already mentioned the importance of honesty in scientific reporting. It is a temptation to leave out or disregard unexpected results because they
Work/Life benefits are "non-traditional" employee benefits that help employees in organizing their lives. Employers buy these services from vendors and they are presented to employ
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: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd