1.You are currently performing the Select Sellers process. You are considering two bids from companies on your qualified sellers list. Your project is on a tight budget, and you have been instructed by senior management to consider the cost over any other criteria. You used the company that submitted the lower bid on a previous project, and you were not happy with their work. The company that submitted the higher bid has a reputation for treating their clients well, flying project managers first class and giving them accommodations in five-star hotels. What is the BEST way to handle this situation? A. Give the manager at the company with the higher bid information that will allow him to tailor his bid so that it better meets your needs B. Select the company with the lowest bid C. Rewrite the RFP so that the company with the lowest bid is excluded D. Select the company with the higher bid   2. You have just delivered a product to your client for acceptance, when you get a call that some features they were expecting are missing. What’s the first thing you should do? A. Get your team together and reprimand them for building a product that doesn’t meet user expectations B. Call a meeting with the client to understand exactly what is unacceptable in the product and try to figure out what went wrong along the way. C. “Tell the client that the product passed all of your internal quality inspections and scope verification processes, so it must be fine.” D. Tell the team to start building the missing features into the product right away.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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1.You are currently performing the Select Sellers process. You are considering
two bids from companies on your qualified sellers list. Your project is
on a tight budget, and you have been instructed by senior management
to consider the cost over any other criteria. You used the company that
submitted the lower bid on a previous project, and you were not happy with
their work. The company that submitted the higher bid has a reputation for
treating their clients well, flying project managers first class and giving them
accommodations in five-star hotels. What is the BEST way to handle this
situation?
A. Give the manager at the company with the higher bid information that will allow
him to tailor his bid so that it better meets your needs
B. Select the company with the lowest bid
C. Rewrite the RFP so that the company with the lowest bid is excluded
D. Select the company with the higher bid

 

2. You have just delivered a product to your client for acceptance, when you get
a call that some features they were expecting are missing. What’s the first
thing you should do?
A. Get your team together and reprimand them for building a product that doesn’t
meet user expectations
B. Call a meeting with the client to understand exactly what is unacceptable in the
product and try to figure out what went wrong along the way.
C. “Tell the client that the product passed all of your internal quality inspections and
scope verification processes, so
it must be fine.”
D. Tell the team to start building the missing features into the product right away.

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