Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Project Management Expert

At times, a project manager should estimate proposals from recognized vendors and make decisions based on project budget and schedule. It is necessary to find out how organization will determine best response to proposal's individual vendors?

IRTC has asked you to estimate customer service add-on vendor offered while still in negotiations for this project. Add-on will cost $25,000 and take the additional four weeks to install. Your manager has asked for opinion. The project is tracking along according to schedule and budget.

What do you require to consider before saying yes or no? Create a memo for your manager outlining how either decision would affect the project and factors that need to be discussed and agreed to by various parties involved in the project.

- What do you require to consider before accepting or denying vendor proposal?
- How would your decision affect overall project?
- Consider budget, schedule, and resources.
- What parties would require to be involved in this decision-making process?
- What significant factors would require to be discussed and agreed upon by different parties involved in project?

You can do this by performing the following steps:
- Create a project plan which covers all project groups and knowledge areas.
- Create project plans which integrate project procurement and contracting activities across project groups.
- Separate tasks into sub-tasks, and work package with stated durations and order of precedence.
Manage project scope throughout the project life cycle.

Project Management, Management Studies

  • Category:- Project Management
  • Reference No.:- M931954

Have any Question? 


Related Questions in Project Management

What is the name for the broad process of planning for the

What is the name for the broad process of planning for the unexpected? What are its primary components? Which two communities of interest are usually associated with contingency planning? Which community must give author ...

Write up more about the company current state for the

Write up more about the company (current state) for the corporation. This should be two page with single space. Management Consulting PROPOSAL TEMPLATE Background and Nature (Context) of the Opportunity M R Associates is ...

Critically evaluate the rationale for holding employees

"Critically evaluate the rationale for holding employees vicariously liable for the actions of employees". word count: 1000 words.

1 how do ethics differ from laws2 what role does the five

1. How do ethics differ from laws? 2. What role does the Five Forces Model play in decision making? 3. Why are competitive advantages never permanent?

Prepare a product by value analysis for the following

Prepare a product by value analysis for the following products and given the position in its life cycle, identify the issues likely to confront the operations manager, and his or her possible actions . Product Alpha has ...

Assignmentat times a project manager must evaluate

Assignment At times, a project manager must evaluate proposals from identified vendors and make decisions based on the project budget and schedule. It is essential to determine how the organization will determine the bes ...

Jordans furniture shoppertaining its target marketsamuel

Jordan's Furniture: Shoppertaining Its Target Market Samuel Tatelman began selling furniture out of the back of his truck in Waltham, Massachusetts, in 1918. Today, his grandsons, Eliot and Barry, sell more furniture per ...

He has heard of eoq as a basis for setting the length of

He has heard of EOQ as a basis for setting the length of production runs. What values should he assign to cp and cH for his operations?

1 dollar for dollar with comparable characteristics which

1. Dollar for dollar with comparable characteristics, which is faster and more powerful-a desktop computer or a notebook computer? 2. What is the difference between vertical and horizontal market software?

Analyze the importance of internal and external

Analyze the importance of internal and external sustainability audits in corporate sustainability. When should organizations catch their errors? Identify a well-known organization (or a not so well-known one) that has be ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen