Profitable Bids And Project Management
~ April 2019 ~
Welcome to the Merager Financial Solutions LLC newsletter. We're so happy you are here! Each newsletter provides a wealth of knowledge and inspires business growth.
Long-Term Bid Awareness
Creating a Bid and Managing a Project
a. Record as many projects as possible
b. Keep detailed and accurate records
2. Creating a bid
a. Get accurate business requirements
b. Get your bid team together to create an accurate list of tasks to complete the project
c. Record the cost for each task
d. Create task groups, where appropriate
e. Negotiate for on-time bonuses
f. Negotiate to remove time slippage penalties
g. Include the profitability based on value added
Each Task in a Project Has Its Own Profitability
management work correctly, we will know the profitability of each completed task. We can also know who our key workers are on the project, make sure that their efforts are properly rewarded, and we may have the additional opportunity to recognize top people that can serve as leads, and mentors, to bring up the overall productivity now and in the future.
TAKEAWAY: Don’t have people standing around getting paid while bonuses slip and penalties loom.
If you need assistance with anything we’ve discussed here, let’s talk so you can reach your financial goals, growth, and revenue. Spend your time doing what you do best and make more money by having us solve your most pressing financial issues.