On :July 3, 2017
♠ What other factors Marvin and his team consider?
Marvin was the chief executive officer for his company. All decisions which need to be taken where completely in his shoes. In the past, he used to bid only for the fixed price contracts which considered to be mainly temporary contracts which haven’t shown the company growth rate High compared to the other companies in the market. Now they have got a new opportunity for ten years which was not a temporary contract and that was highly paid compared to the past contracts. But in this contract, Marvin and his team should consider that they should accept the client’s requirements if not his contract is no longer continued with the same client. This can help Marvin to make his company climbing up the steps which a high winning ratio. And this will help his temp to get a hike in the pay which a high budget project.
♠ Should they bid on the job?
Marvin company should bid on the job because this will increase the company financial rate. Which can help Marvin to get the new projects. This will mainly help to improve the standards of Marvin’s company and can help many job seekers to get placed. In this case, if they should bid on this job they must look for the manpower. They should estimate the cost and the materials needed. This will help Marvin to change his cost structure for the projects.