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  2. Proposal (business) - Wikipedia

    en.wikipedia.org/wiki/Proposal_(business)

    Business proposals are often a key step in a complex sales process, where a buyer considers more than price in a purchase. [1] A proposal puts the buyer's requirements in a context that favors the seller's products and services, and educates the buyer about the seller's capability to satisfy their needs. [2]

  3. Level of effort - Wikipedia

    en.wikipedia.org/wiki/Level_of_Effort

    In project management, level of effort (LOE) is a support-type project activity that must be done to support other work activities or the entire project effort. It usually consists of short amounts of work that must be repeated periodically.

  4. Basis of estimate - Wikipedia

    en.wikipedia.org/wiki/Basis_of_estimate

    Definition [ edit ] A basis of estimate is an analyzed and carefully calculated number that can be used for proposals, bidding on government contracts, and executing a project with a fully calculated budget. [ 2 ]

  5. Statement of work - Wikipedia

    en.wikipedia.org/wiki/Statement_of_work

    Location of work: This describes where the work is to be performed, including the location of hardware and software and where people will meet to do the work. Period of performance : This specifies the allowable time for projects, such as start and finish time, number of hours that can be billed per week or month, where work is to be performed ...

  6. List of business terms - Wikipedia

    en.wikipedia.org/wiki/List_of_business_terms

    A collection of proposals or schemes Rattler Obvious problem [1] Run it up the flagpole Test the popularity of a new idea or proposal. [3] Scalability A small component's ability to grow within a larger system [1] Silo (Vertical and Horizontal) A system, process, department, etc. that operates in isolation from others. Silver bullet

  7. Bid and proposal - Wikipedia

    en.wikipedia.org/wiki/Bid_and_proposal

    The development of a bid and proposal takes place early in the procurement process, and the resulting proposal will be subject to review by the purchaser and negotiation between the two parties. Developing a bid and proposal takes place before a contract vehicle is in place, meaning that firms undertake the costly tasks of proposal-writing and ...