Competition And Cost Overruns
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Competition And Cost Overruns In Procurement
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Author : Juan-José Ganuza
language : en
Publisher:
Release Date : 2005
Competition And Cost Overruns In Procurement written by Juan-José Ganuza and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with categories.
Most cases of cost overruns in public procurement are related to important changes in the initial project design. This paper deals with the problem of design speciffication in public procurement and provides a rationale for design misspeciffication. We propose a model in which the sponsor decides how much to invest in design speciffication and awards competitively the project to a contractor. After the project has been awarded the sponsor engages in bilateral renegotiation with the contractor, in order to accommodate changes in the initial project's design that new information makes desirable. When procurement takes place in the presence of horizontally differentiated contractors, the design's speciffication level is seen to affect the resulting degree of competition. The paper highlights this interaction between market competition and design speciffication and shows that the sponsor's optimal strategy, when facing an imperfectly competitive market supply, is to underinvest in design speciffication so as to make signifficant cost overruns likely. Since no such misspeciffication occurs in a perfectly competitive market, cost overruns are seen to arise as a consequence of lack of competition in the procurement market.
Competition And Cost Overruns In Procurement
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Author : Juan José Ganuza Fernández
language : en
Publisher:
Release Date : 2003
Competition And Cost Overruns In Procurement written by Juan José Ganuza Fernández and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with categories.
Competition And Cost Overruns
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Author : Juan José Ganuza
language : en
Publisher:
Release Date : 2000
Competition And Cost Overruns written by Juan José Ganuza and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with categories.
Competition And Cost Overruns Optimal Misspecification Of Procurement Contracts
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Author : Juan José Ganuza Fernández
language : en
Publisher:
Release Date : 2000
Competition And Cost Overruns Optimal Misspecification Of Procurement Contracts written by Juan José Ganuza Fernández and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with categories.
Category Killers
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Author : Reid Jenner
language : en
Publisher: Createspace Independent Publishing Platform
Release Date : 2016-09-05
Category Killers written by Reid Jenner and has been published by Createspace Independent Publishing Platform this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-09-05 with categories.
COMMAND YOUR MARKETS WITH CATEGORY-LEADING PRODUCTS Learn how to create a culture of world-class project management that always keeps you ahead of your competition. Do your products enjoy category-leading margins and sustainable competitive advantage? How much of your projects' inherent value are you truly identifying and delivering? How accurately are your projects' fully-loaded costs and ROI being estimated and reported? Convert these project costs into personal opportunity: 45% of projects have significant cost overruns 84% of projects fail to meet scheduled due dates 90% of project managers underestimate project size and complexity 99% of project objectives and deliverables focus on tasks and product features as opposed to customer benefits Have you ever wondered why Apple Computer enjoys consistent outsize profit margins? How virtually every new product they introduce seizes top market share almost immediately after introduction? It isn't superior top-management strategy or creative industrial design that has made it the most valuable company on earth. From the original Macintosh computer through the iPod, iPhone, iPad, and Apple Watch, it's been a uniquely focused and disciplined culture of project management that has delivered consistent category winners. For the first time, Category Killers reveals how Apple and other world-class companies stay ahead of their competition by producing consistent category-leading products. This essential reference guide outlines the unique methodology, tools, and organizational structure necessary to transform your project and overall company performance to compete at the top of its game. For project managers, product managers, and top executives, learn how to integrate all the necessary pieces for instilling a world-class culture of project and product management best practices. For over twenty-five years, Reid Jenner has worked with Fortune 1000 organizations implementing project management best practices as a coach, consultant, and senior executive. Literally thousands of projects have experienced superior returns and exceptional product success after implementing his recommendations. Instead of charging $2,000 per day for ad hoc corporate engagement, he is now sharing his secrets in this integrated compendium for everyone's use. New tools and techniques you'll learn: How to estimate and track your project's real return on investment How to identify and unlock all your project's true inherent value and deliver exceptional products How to identify and engage all the value-producing stakeholders for your project How to establish a compelling mission statement for your project How to establish the optimal level of detail for your project plan How to follow a rigorous step-by-step methodology for defining, planning, and executing your project How to use project management software to accurately record and report progress at every step in your project How to utilize project management coaches, facilitators, and trainers to optimize project performance How to build a culture of project management best practices across the organization How to measure project returns and evaluate which projects should be approved, funded, and discontinued within the organization's project portfolio How to identify and mitigate all risks inherent within your project How to elevate and fast-track your career as a project manager or project professional BONUS:Includes a complete turn-key project plan for implementing the process within your projects and organization, with a link to a fully resource-loaded Microsoft Project file.
Optimal Cost Overruns
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Author : Fabian Herweg
language : en
Publisher:
Release Date : 2016
Optimal Cost Overruns written by Fabian Herweg and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with Auctions categories.
Cost overrun is ubiquitous in public procurement. We argue that this can be the result of a constraint optimal award procedure when the procurer cannot commit not to renegotiate. If cost differences are more pronounced for more complex designs, it is optimal to fix a simple design ex ante and to renegotiate to a more complex and costlier design ex post. Specifying a simple design initially enhances competition in the auction. Moreover, the procurer cannot benefit from using a multi-dimensional auction, as the optimal scoring rule depends only on the price.
Optimal Cost Overruns
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Author : Fabian Herweg
language : en
Publisher:
Release Date : 2016
Optimal Cost Overruns written by Fabian Herweg and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with Auctions categories.
Cost overrun is ubiquitous in public procurement. We argue that this can be the result of a constraint optimal award procedure when the procurer cannot commit not to renegotiate. If cost differences are more pronounced for more complex designs, it is optimal to fix a simple design ex ante and to renegotiate to a more complex and costlier design ex post. Specifying a simple design initially enhances competition in the auction. Moreover, the procurer cannot benefit from using a multi-dimensional auction, as the optimal scoring rule depends only on the price.
Price Profit The Essential Guide To Product Service Pricing And Profit Forecasting Developing Your Competitive Pricing Strategy Using Performance Based Contracts And Performance Incentives The Fundamentals Of Cost Estimating And Profit Forecasting Valuable Contract Negotiation Tools For Buyers And Sellers
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Author : William R. Berends
language : en
Publisher: William R. Berends
Release Date : 2004
Price Profit The Essential Guide To Product Service Pricing And Profit Forecasting Developing Your Competitive Pricing Strategy Using Performance Based Contracts And Performance Incentives The Fundamentals Of Cost Estimating And Profit Forecasting Valuable Contract Negotiation Tools For Buyers And Sellers written by William R. Berends and has been published by William R. Berends this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Marketing categories.
Tools To Prevent Defense Department Cost Overruns
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Author : United States. Congress. Senate. Committee on Homeland Security and Governmental Affairs. Subcommittee on Federal Financial Management, Government Information, Federal Services, and International Security
language : en
Publisher:
Release Date : 2012
Tools To Prevent Defense Department Cost Overruns written by United States. Congress. Senate. Committee on Homeland Security and Governmental Affairs. Subcommittee on Federal Financial Management, Government Information, Federal Services, and International Security and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with History categories.
Competition In Defense Procurement 1969
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Author : United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Antitrust and Monopoly
language : en
Publisher:
Release Date : 1970
Competition In Defense Procurement 1969 written by United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Antitrust and Monopoly and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1970 with Defense contracts categories.