Proposal Notes: Definitions & Explanations PDF | Download eBooks
Study Proposal lecture notes PDF with project management definitions and explanation to study What is Proposal?. Study proposal explanation with project management terms to review project management course for online MBA programs.
Proposal Definition:
A document, usually prepared by a contractor, that outlines an approach to meeting a need or solving a problem for a potential customer.
Successful Project Management by Jack Gido and James P. Clements
Proposal Notes:
When a customer requests for proposal, contractors respond in the form of a detailed document outlining the method of fulfilling the requirements and the cost estimates for the project. This document is termed as a proposal. A proposal is competitive as different contractors submit proposals for the same project and the best option among them is selected by the customer based on the proposal. A proposal aids in convincing the customer that the contractor understands the customer's requirements, can perform the related tasks efficiently, will provide the customer with the best value, will use its previous experience to carry out the project well, will act professionally during the project, will achieve the desired results, will complete the project in time and within budget, and will be able to satisfy the customer.
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