SOLUTIONS VERIFIED CORRECT
RESPONSES HIGH SCORING
◉ Bid/No-Bid Decision
Answer: A milestone after the opportunity plan is substantially
complete. It validates that you are properly positioned to win based
on the opportunity plan.
◉ Bid or Proposal Center
Answer: A support organization dedicated to generating proposals
and other response documents for customers.
◉ Bid Pursuit Decision
Answer: Generally the first decision milestone to verify that the
opportunity fits your strategic direction and capability. This
decision often approves the funds to initiate early
opportunity planning activities. Sales may do an opportunity
qualification decision before this decision gate.
◉ Bid Validation Decision
, Answer: A decision milestone after the customer releases an RFP to
address obstacles to winning that were identified in the opportunity
plan.
◉ Bidder Comparison Matrix (BCM)
Answer: A tool used to analyze the customer's current perception of
your solution compared to competitors. It usually is a weighted
score that indicates the customer's confidence that you can meet
their requirements.
◉ boilerplate
Answer: Stored text and graphics that are available for potential
reuse in future proposals. Boilerplate is information that is
harvested from existing documentation to be repurposed in
other proposals.
◉ Business Case
Answer: An internal documented argument for bidding on a
particular opportunity. The business case typically focuses
on the financial aspects of the bid. The same term may also
be applied to a document or proposal section that is aimed
at providing the customer with the financial justification for
making the purchase.