Decision to Develop a Proposal

Bill Carmody discusses the decision-making process for developing proposals, emphasizing the importance of aligning proposals with available resources and identifying key problems that can be solved. He advises against submitting proposals for projects outside one's expertise and highlights the need to understand client needs. Carmody also stresses the importance of feedback and continuous improvement in proposal writing.

What is a crucial factor to consider before deciding to develop a proposal?

• The length of the proposal

• The number of competitors

• The availability of resources and understanding of the problem

• The potential for high profit

Why might it be unwise to submit a proposal for a project that is unfamiliar?

• It could lead to a long and difficult process with low chances of success

• It might require hiring new staff

• It might be too expensive

• It could damage the company's reputation

What should you inquire about when asked to submit a proposal?

• The reason for being selected to submit a proposal

• The number of other competitors

• The budget of the project

• The deadline for submission

What is a key strategy for improving proposal success rates?

• Hiring more proposal writers

• Submitting as many proposals as possible

• Reducing the cost of proposals

• Focusing on proposals with a high likelihood of success

How can you evaluate the effectiveness of your proposal submissions?

• By reviewing the length of each proposal

• By comparing the number of proposals submitted to the number won

• By analyzing the feedback from clients

• By checking the total revenue generated