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The importance of bid manager in any industry is indubitable. They help in pouring in new projects for the company in profitable way, to increase the revenue for the companies they are working in. They are basically made to develop proposals and submit it to the clients. The proposals are devised in such a way that, it has a detailed version of the services, that the company imparts to the interested clients. They are basically kept to meet the company's cost objectives and timeliness while maximizing their company's profit. Every small and medium sized business should know how to write bids, because it is very essential for the success of the business. As the clients flocks in, by seeing and reading the proposal. You just understand the quintessential components while drafting the bids. The bid manager should conduct a high level proposal planning and control the proposal development process so that all bids are entered into the IT system and tracked as they are accepted, written and evaluated. The managers provide status reports and other communications to the project stakeholders. Primarily they are responsible for the writing, editing, and graphics and production resources for all bids and make every possible effort to convert the project and make it fall in the company's kitty. When you are pitching for the project make sure you are placing a realistic pricing for the products and services. The price needs to fit the budget of the company and develop a strategy to allure and attract the clients in a best possible way. Alluring the customers and bringing them in your confidence is a talent, which has to be there in every bid manger. Thus show all the constructive and encouraging points about your company and the most important is the completing the deadline and delivery of goods and services. You should make a bid in such a way that it is first and last time and you have to show all the qualities that has led to prosper you in this field. Every bid must contain customer's testimonials and the instances of your previous projects. This will help you to gain an edge over your competitor, and who knows the project can be awarded also. Bid management may also be considered as a specialist project management. Outsourcing a manager for your firm can be very advantageous, and this will positively impact your success rates in acquiring projects for your business. The manager should be prepared for any situation that comes in your way while tendering the process. If he is an experienced and proficient one, he will know how to structure the tenders for the submission process. Learning a project plan is very imperative for person who is handling the projects, because the business is filled with complex bids. The legal aspects of partnership will be discussed and how to deal with partnership. There are many companies like Encompass Consultancy who give extensive training in bid management. Because it is through the bids only that the company get projects and earn revenue. click here for more information about Bid Writing This content has been taken from : http://encompassconsultancy.wordpress.com/2013/05/15/bid-manager-to-tell-you-the-surviving-strategy-while-doing-business/
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