Mastering The Art Of Tendering & Bid Management




What you'll learn
Identify Opportunities in Business and Tendering: Learn how to spot promising opportunities through effective market research and strategic analysis.
Bid/No-Bid Decisions and Tender Screening: Develop the skills to decide whether to bid on a tender and screen tenders for productivity, ensuring your resources
Gain in-depth knowledge of the tender lifecycle, types of tenders, challenges, contracting clauses, thumb rules, budget breakdown, cashflows and many more...
Strategic Decision-Making: Master the art of making strategic decisions during any phase of tender or contract, enhancing your ability to navigate complexities
Requirements
No specific skill required, however the course is in English language.
Description
The "Tendering and Bid Management" course offers a comprehensive journey into the world of tendering, designed to enhance your strategic and operational skills.1. IntroductionDive into the fundamentals of tendering, exploring its importance, market research, and types of tenders. Gain insights into how effective tendering can boost your business.2. Key Terminology and ConceptsFamiliarize yourself with essential terms, key elements, and risk analysis. Learn crucial decision-making skills through concepts like Rule of Thumb and Bid/No-Bid.3. Tendering LifecycleUnderstand every phase from pre-tender activities like Tender Announcement, Pre-Qualification, and Invitation to Bid to the final stages of Bid Submission, Evaluation, and Contract Signing. Get hands-on with practical tools and methods for each step.4. Analyzing the Tender DocumentLearn to scrutinize tender documents, understand contractual conditions, insurances, bid evaluation criteria, and uncover risks and opportunities.5. Proposal WritingMaster the art of proposal writing by gathering information, crafting project execution plans, schedules, method statements, and resource planning.6. Tender BudgetDeep dive into budgeting processes, cost breakdowns, financials, cash flow, managing BOQ, and pricing strategies to create competitive bids.7. Final BidEnsure accuracy with tender checklists, efficient tender packing, and perfect bid submissions.8. Post TenderHandle post-tender queries, understand result announcements, manage contract awards, and review tender results.9. ConclusionConclude with insightful webinars, case studies, assignments, quizzes, and career opportunities.This course is designed to equip you with the knowledge and tools needed for successful tendering and bid management. Ready to enhance your skills and strategies?
Overview
Section 1: Introduction
Lecture 1 Introduction to Tendering & Bid Management
Lecture 2 Why Tendering is Key to Your Success?
Lecture 3 Market Research and Opportunity Identification
Lecture 4 Types of Tenders in Contracting Business
Lecture 5 Understanding Types of Contracts
Section 2: Key Terminology and Concepts in Tendering
Lecture 6 Essential Terms & Acronyms
Lecture 7 Tender Key Elements
Lecture 8 Risk Analysis
Lecture 9 Rule of Thumb in Tendering
Lecture 10 Bid / No-Bid in Tendering?
Section 3: Tender Life Cycle
Lecture 11 Overview of Tender Life Cycle
Lecture 12 Pre Bid Stage - / Pre Qualification
Lecture 13 Bid Preparation
Lecture 14 Bid Submission
Lecture 15 Post Bid Stage
Section 4: Analysing Tender Documents
Lecture 16 Tender Document Content
Lecture 17 Contractual Conditions
Lecture 18 Insurances for the Contract
Lecture 19 Bid Evaluation Criteria
Lecture 20 Risks and opportunities
Section 5: Proposal Writing
Lecture 21 Understanding the Client's Requirements
Lecture 22 Developing the Proposal Structure
Lecture 23 Highlighting Your Expertise and Experience
Lecture 24 Project Plan and Methodology
Lecture 25 Pricing and Financials
Section 6: Tender Budget
Lecture 26 Budgeting process
Lecture 27 Pricing and Financials
Lecture 28 Cost Breakdown
Lecture 29 Direct and Indirect Costs
Lecture 30 Managing Bill of Quantities & Pricing Strategies
Section 7: Final Bid Preparation
Lecture 31 Final Bid Compilation
Lecture 32 Tender Checklist
Lecture 33 Tender Package
Lecture 34 Do's & Dont's
Lecture 35 Online Bidding
Section 8: Post Tender
Lecture 36 Tender Evaluation
Lecture 37 Tender Result
Lecture 38 Contract Award
Lecture 39 Tender Analysis
Lecture 40 Tender Record Keeping
Section 9: References and Materials
Lecture 41 Tendering Format_Key Element
Lecture 42 Webinar Extracts
Lecture 43 Lessons Learnt Sample
Lecture 44 Quiz
Lecture 45 Reference Documents
The course is meticulously crafted for students and business professionals who wishes to progress in business development, tendering & bid management, procurement, sales & marketing, cost estimation and budget forecasting, project management, operations management, business management.


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