Useful tools

some introductary words

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'Bid No Bid' Toolbox

The ‘Bid No Bid’ Toolbox includes a range of different analytical tools, some of the analysis described you would do intuitively but here are the formal tools! They could be useful if you are asked to explain your decision-making process. The tools include the following:

  1. Bid No Bid Assessment – do we bid?
  2. Decision Matrix Analysis –  do we bid?
  3. SIS Matrix – strategic importance of supply
  4. RAID Analysis –  Roll out Plan
  5. Proposal Evaluation Matrix –  is it worth doing?
  6. Gantt Chart –  timeline
  7. Critical Path Analysis –  sequencing