Question: How does a project manager price out a job in which the specifications are not prepared until the job is half over?

How does a project manager price out a job in which the specifications are not prepared until the job is half over?

Step by Step Solution

★★★★★

3.42 Rating (168 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

There are several approaches to this problem One approach is to price out the job inc... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

93-B-M-L-P-M (852).docx

120 KBs Word File

Students Have Also Explored These Related Management Leadership Questions!

Q:

How does a project manager calculate start and finish times?

Q:

How does a project manager assess the risk of things going wrong and take that into consideration when planning the time needed to complete the project?

Q:

How does a project manager find out if the project team members from the functional departments have the authority to make decisions?

Q:

13-1 How does a project manager price out a job in which the specifications are not prepared until the job is half over

Q:

1 4 - 1 How does a project manager price out a job in which the specifications are not prepared

Q:

141 How does a project manager price out a job in which the specifications are not prepared until the job is half over?

Q:

please answer 13.1 with a typed paragraph suppering the answer. 13-1 How does a project manager price out a job in which the specifications are not prepared until the job is half over

Q:

14-1 How does a project manager price out a job in which the specifications are not prepared until the job is over? 14-2 Beta Corporation is in the process of completing a contract to produce 150...

Q:

Below are two case studies, I want answers to the following case study CASE STUDY 1 Health Care Partners, Inc. Background Health Care Partners (HCP) was a 40-year-old company providing health care...

Q:

1 MBLEPMY OCTOBER/NOVEMBER 2017 CASE STUDIES CASE STUDY 1 THE BLUE SPIDER PROJECT \"This is impossible! Just totally impossible! Ten months ago I was sitting on top of the world. Upperlevel...

Q:

Yamini and Fatima, two students of Class IX of a school, together contributed Rs. 100 towards the Prime Ministers Relief Fund to help the earthquake victims. Write a linear equation which satisfies...

Q:

Compute the monthly payment on a 30-year level payment mortgage assuming an annual mortgage rate of 5% and an initial mortgage principal of $400,000.

Q:

5. In the figure, QRS is a straight line, _PQR = 90, pQ =x cm, QR = 40 cm and PR = 41 cm. (i) Find the value of x. Find the value of each of the following. (a) sin LPRS (b) cos LPRS (c) tan ZPRQ P....

Q:

The most striking conclusion from the numerical summaries for the turkey processing plant is that (a) there appears to be little difference among the seasons. (b) on the average, CFUs are much lower...

Q:

Which of the following is not a factor to consider when selecting a contract type? A. Type/complexity of the requirement B. Urgency of the requirement C. Extent of price competition D. All are...

Q:

Which type of contract arrangement is specifically designed to give a contractor relief for inflation or material/labor cost increases on a long-term contract? A. Cost plus percentage of cost B....

Q:

What is the primary objective the customer's project manager focuses on when selecting a contract type? A. Transferring all risk to the contractor B. Creating reasonable contractor risk with...

Q:

Which stock is riskier for a diversified investor? A. For diversified investors the relevant risk is measured by beta. Therefore, the stock with the higher beta is less risky. Stock Y has the higher...

Q:

1-The YTM on a bond is the realized return you earn on your investment if you hold it to maturity. If you sell the bond before it matures, your realized return is known as the holding period yield...

Q:

To supplement your planned retirement in exactly 35 years, you estimate that you need to accumulate $250,000 by the end of 35 years from today. You plan to make equal, annual end-of-year deposits...