Make it not go wrong
Risk management can keep projects from fulfilling Murphy’s Law
By Refael Yosha
“If anything can go wrong, it will.” – Murphy's Law
In the competitive world in which companies have to survive nowadays, one main problem in the project bidding stage is proposing the right price. After omitting other factors that may influence the buyer’s decision-making process, such as bidder reputation, quote quality, the technical solution offered and sometimes logistics considerations, the quotation bidding price has a great impact on the buyer’s decision.
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