Lecture 5 Flashcards
1
Q
RFP – Request for Proposal
A
Formal process where client seeks custom work
2
Q
Proposal Types
A
Written confirmation of previous verbal agreement
Letter Proposal
Unsolicited Proposal
Eg. Ontario Wind Energy opportunity for Mantenuto
Energy Inc.
3
Q
Project budgeting
A
Budgeting is assigning expenditure by category and by time.
