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Bsbwor501 Final Exam

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1. Describe the differences between a complex proposal and a simplified proposal.
The main difference is that a complex proposal is for biggest projects and are more detail that a simple proposal that is usually use on small projects.
Complex proposal contest: technical section, management section, cost section, and pricing considerations. A simplified project proposal as the names said is simple, but need to have the following elements: statement of customer’s need, assumptions, project scope, deliverables, resources, schedule, price, risk, expected benefits.
2. Describe at least three criteria that a customer could use to evaluate a contractor’s proposal
• The experience of the individuals who will be assigned to work in the project
• Management …show more content…
it is realistic, considering the resources the contractors plan to assign the project? Does it’s meet the customer schedule? how detailed is the schedule?
3. Explain which projects are most appropriate for cost-reimbursement contracts.
Cost-reimbursement contracts are used in projects with a high risk where the contractor assumes that the cost could be more that the proposed price.
4. In which type of contracts does the customer usually requires that, throughout the project, the contractor regularly compares actual expenditures with the proposal budget and reforecast cost at-completion, comparing it with the original proposal price?
Cost-reimbursement contracts
5. In what type of contracts does the customer agrees to pay the contractor for all actual cost (labor, materials, and so forth), regardless of amount, plus some agreed-upon profit?
Cost-reimbursement contracts
6. What should a contractor do when making contingency estimates?
Contractor must considering any unexpected situations that may come up during the project, such as overlooked items, redesign, or the cost to cover high probability or high impact risk.
7. How are most proposals organized?
Most proposals are organized into three

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