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: Describe the difference between Personnel Management and Human Resource Management? Why is knowledge of this distinction important to a manager? Discuss your
Difference between training and innduction
Describe the changes done in knowledge management Worldwide shift to information economy and on to knowledge economy. Rapid growth in knowledge and information-in
With Suresh gradually taking the reins of the company, Saman decided to take his first long vacation in years and go to India for a month in January 2009. What he found surprised h
Social Information Processing Model Employees adopt behaviors and attitudes in response to the social cues of others by whom they have to contact. This means that an employee's
Can you sell me on our product (or service or concept)? It is not as difficult as it sounds to do a sales presentation for a company’s product or other services.You should alr
Focus of the review: The literature review should not be a general, leisurely browse through a number of human resource management texts. It is, rather a focused study designe
A significant aspect of this unit is to equip students with an understanding and appreciation of the critical role human resource management plays in delivering a quality product.
How to develope a first hand model to show the negative effect of social networking on HRm
features of hrd
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