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A Data-Driven Approach to Bid/ No-Bid Decision Making

Engineering consultancies operate in a highly competitive environment where bidding for the right projects can be the difference between sustainable growth and wasted resources. Many teams still use intuition and past experience to decide on bids - and this lack of project selection strategy can lead to inconsistent results. A…

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Project opportunity assessment - Proteus Project Software

Why Project Opportunity Bid/No-Bid Assessments are Critical

Project opportunity bid/no-bid assessment (or go/no-go) is a critical tool used to evaluate the feasibility, viability, and readiness of a project for initiation or continuation. Many companies across various industries use a bid/no-bid assessment to evaluate potential projects in Engineering and Construction (Bechtel Corporation, Fluor Corporation, AECOM,) Aerospace (Lockheed Martin,…

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