BPRM Methodology: Linking Risk Management and Lesson Learnt System for Bidding Process

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Abstract

The working relationship between industrial partners often begins with a bidding procedure by which a costumer chooses a provider of works or services. From the bidder point of view, there are several risks when responding because he must propose an offer for a future development. In this context, considering the whole project cycle is essential to identify all potential risks and take them into account during the development of the technical and commercial offer. In this paper, a methodology for bidding process risk management (BPRM) is presented. It is based on the experience acquired during past projects in order to manage the risks of current BP and make it more efficient. © IFIP International Federation for Information Processing 2014.

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APA

Botero, J. D., Béler, C., & Noyes, D. (2014). BPRM Methodology: Linking Risk Management and Lesson Learnt System for Bidding Process. In IFIP Advances in Information and Communication Technology (Vol. 438, pp. 233–240). Springer New York LLC. https://doi.org/10.1007/978-3-662-44739-0_29

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