Project Selection

Bill Carmody discusses how to select a project from multiple proposals. He emphasizes the importance of defining clear objectives, such as quality, time, or cost, to guide the selection process. Evaluating the trust factor of potential partners through references is crucial. When proposals are similar, intangible aspects like gut feel and trust play a significant role in the final decision.

What is the first step in selecting a project from multiple proposals?

• Assessing the timeline of each proposal

• Checking the references of each bidder

• Understanding the primary objective

• Evaluating the cost of each proposal

Which factor is crucial when you have no prior experience with the bidding organizations?

• The number of proposals received

• The clarity of the proposal

• The trust factor

• The cost efficiency

How can you increase the trust factor with an organization you haven't worked with before?

• By checking their project timeline

• By evaluating their proposal's quality

• By reviewing their proposal's cost

• By calling their references

What should you rely on if multiple proposals are equally appealing?

• The timeline of the project

• The proposal's cost efficiency

• The gut and heart feel

• The organization's past projects

What is essential to feel confident in the selected organization?

• Their project timeline

• Their proposal's cost

• Their number of successful projects

• Their ability to meet time and budget parameters