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Exam (elaborations)

MGMT 444 CH. 3 QUESTIONS WITH 100% CORRECT ANSWERS

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MGMT 444 CH. 3 QUESTIONS WITH 100% CORRECT ANSWERS

Institution
MGMT 444
Course
MGMT 444









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Institution
MGMT 444
Course
MGMT 444

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Uploaded on
December 5, 2025
Number of pages
7
Written in
2025/2026
Type
Exam (elaborations)
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Questions & answers

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A contractor bidding on a fixed-price contract must develop ___ and ___ cost estimates
and include sufficient ___


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accurate and complete


reserves

, Contractors need to be ___ about their ability to prepare proposals and about the ___
of winning the contract


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realistic, probability




The technical section of a proposal should contain the following elements:


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understanding the need; proposed approach or solution; benefits for the
customer




Submitting a proposal that meets the customer's ___ and ___ in the RFP is not sufficient
to guarantee selection as the winning contractor


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statement of work (SOW) and requirements




In the technical section of a proposal it might contain confirmation that the proposed
solution or approach would meet each of the ___, ___, and ___ requirements stated in the
customer's RFP


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