3 Answer the following questions: 1. Mention the steps involved in a competitive bid. 2. Mention the elements/points that must be kept in view when designing , developing and operating a PMIS (Project Management Information System) 1. List the 5 steps involved in a competitive bid 2. List the 5 elements/points that must be kept in view when designing , developing and operating a PMIS
Answer: Competitive bid (bid and award)
The steps involved in competitive bid are discussed below: