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Mastering The Art Of Tendering & Bid Management - mitsumi - 10-31-2024 Mastering The Art Of Tendering & Bid Management Published 10/2024 MP4 | Video: h264, 1920x1080 | Audio: AAC, 44.1 KHz Language: English | Size: 1.27 GB | Duration: 2h 29m Unlock the Secrets to Winning Lucrative Bids and Contracts! What you'll learn Identify Opportunities in Business and Tendering: Learn how to spot promising opportunities through effective market research and strategic analysis. Bid/No-Bid Decisions and Tender Screening: Develop the skills to decide whether to bid on a tender and screen tenders for productivity, ensuring your resources Gain in-depth knowledge of the tender lifecycle, types of tenders, challenges, contracting clauses, thumb rules, budget breakdown, cashflows and many more... Strategic Decision-Making: Master the art of making strategic decisions during any phase of tender or contract, enhancing your ability to navigate complexities Requirements No specific skill required, however the course is in English language. Description The "Tendering and Bid Management" course offers a comprehensive journey into the world of tendering, designed to enhance your strategic and operational skills.1. IntroductionDive into the fundamentals of tendering, exploring its importance, market research, and types of tenders. Gain insights into how effective tendering can boost your business.2. Key Terminology and ConceptsFamiliarize yourself with essential terms, key elements, and risk analysis. Learn crucial decision-making skills through concepts like Rule of Thumb and Bid/No-Bid.3. Tendering LifecycleUnderstand every phase from pre-tender activities like Tender Announcement, Pre-Qualification, and Invitation to Bid to the final stages of Bid Submission, Evaluation, and Contract Signing. Get hands-on with practical tools and methods for each step.4. Analyzing the Tender DocumentLearn to scrutinize tender documents, understand contractual conditions, insurances, bid evaluation criteria, and uncover risks and opportunities.5. Proposal WritingMaster the art of proposal writing by gathering information, crafting project execution plans, schedules, method statements, and resource planning.6. Tender BudgetDeep dive into budgeting processes, cost breakdowns, financials, cash flow, managing BOQ, and pricing strategies to create competitive bids.7. Final BidEnsure accuracy with tender checklists, efficient tender packing, and perfect bid submissions.8. Post TenderHandle post-tender queries, understand result announcements, manage contract awards, and review tender results.9. ConclusionConclude with insightful webinars, case studies, assignments, quizzes, and career opportunities.This course is designed to equip you with the knowledge and tools needed for successful tendering and bid management. Ready to enhance your skills and strategies? Overview Section 1: Introduction Lecture 1 Introduction to Tendering & Bid Management Lecture 2 Why Tendering is Key to Your Success? Lecture 3 Market Research and Opportunity Identification Lecture 4 Types of Tenders in Contracting Business Lecture 5 Understanding Types of Contracts Section 2: Key Terminology and Concepts in Tendering Lecture 6 Essential Terms & Acronyms Lecture 7 Tender Key Elements Lecture 8 Risk Analysis Lecture 9 Rule of Thumb in Tendering Lecture 10 Bid / No-Bid in Tendering? Section 3: Tender Life Cycle Lecture 11 Overview of Tender Life Cycle Lecture 12 Pre Bid Stage - / Pre Qualification Lecture 13 Bid Preparation Lecture 14 Bid Submission Lecture 15 Post Bid Stage Section 4: Analysing Tender Documents Lecture 16 Tender Document Content Lecture 17 Contractual Conditions Lecture 18 Insurances for the Contract Lecture 19 Bid Evaluation Criteria Lecture 20 Risks and opportunities Section 5: Proposal Writing Lecture 21 Understanding the Client's Requirements Lecture 22 Developing the Proposal Structure Lecture 23 Highlighting Your Expertise and Experience Lecture 24 Project Plan and Methodology Lecture 25 Pricing and Financials Section 6: Tender Budget Lecture 26 Budgeting process Lecture 27 Pricing and Financials Lecture 28 Cost Breakdown Lecture 29 Direct and Indirect Costs Lecture 30 Managing Bill of Quantities & Pricing Strategies Section 7: Final Bid Preparation Lecture 31 Final Bid Compilation Lecture 32 Tender Checklist Lecture 33 Tender Package Lecture 34 Do's & Dont's Lecture 35 Online Bidding Section 8: Post Tender Lecture 36 Tender Evaluation Lecture 37 Tender Result Lecture 38 Contract Award Lecture 39 Tender Analysis Lecture 40 Tender Record Keeping Section 9: References and Materials Lecture 41 Tendering Format_Key Element Lecture 42 Webinar Extracts Lecture 43 Lessons Learnt Sample Lecture 44 Quiz Lecture 45 Reference Documents The course is meticulously crafted for students and business professionals who wishes to progress in business development, tendering & bid management, procurement, sales & marketing, cost estimation and budget forecasting, project management, operations management, business management. 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