Project Management Bootcamp Archives - Project Management Bootcamp

Finish-to-Start (FS)

Want to keep your project flowing smoothly? Let’s dive into Finish-to-Start – the most common task relationship in project management! Finish-to-Start means one task can’t begin until the previous one is finished. Why do you need it? It helps you sequence tasks efficiently, ensuring work flows logically from one step […]

Early Start Date (ES)

Want to start your tasks sooner and finish faster? Let’s dive into the Early Start Date – your project’s secret weapon! The Early Start Date is the earliest time a task can begin, based on the project schedule and constraints. Why is it important? It helps you optimize your schedule, […]

Early Finish Date (EF)

Want to finish your projects faster? Let’s talk about the Early Finish Date – your key to speed! The Early Finish Date is the earliest a task can finish based on the project schedule and constraints. Why does it matter? Knowing your Early Finish Date helps you plan efficiently and […]

Seller Proposals

Need to evaluate vendor options for your project? Let’s dive into Seller Proposals! Seller Proposals are formal responses to procurement requests like RFPs, detailing prices, terms, and technical capabilities. You need seller proposals when choosing the right vendor for your project based on price, quality, and fit. To use them, […]

Request for Quotation (RFQ)

Looking for the best price on products or services for your project? Let’s break down the Request for Quotation, or RFQ! An RFQ is a document where the buyer asks sellers for price quotes on common or standard products and services. You need an RFQ when you want to compare […]

Bid Documents

Ready to get the best deals for your project? Let’s talk about bid documents, your secret weapon for success. Bid documents are all the papers used to gather information, quotes, or proposals from potential sellers. Why do you need them? They ensure you get accurate offers and help you compare […]

Request for Information (RFI)

Need clarity before choosing the right vendor for your project? Let’s talk about the Request for Information or RFI! An RFI is a document where the buyer asks potential sellers for details about a product, service, or capability. You need an RFI when you’re exploring options and gathering insights from […]

Firm Fixed Price Contract (FFP)

Want price certainty in your projects without surprises? Let’s talk about the Firm Fixed Price Contract! A Firm Fixed Price Contract, or FFP, means the buyer pays a set amount, no matter what the seller’s costs are. You need FFP when your project scope is clear, and you want to […]

Cost-Reimbursable Contract

Need flexibility in your project budget while ensuring seller commitment? Let’s dive into the Cost-Reimbursable Contract! A Cost-Reimbursable Contract covers the seller’s actual costs and includes an extra fee for their profit. You need this contract when your project scope might change, and you want to ensure sellers get paid […]

Cost Plus Incentive Fee Contract (CPIF)

Want a contract that motivates your seller to perform better while controlling costs? Let’s explore the CPIF contract! A Cost Plus Incentive Fee Contract, or CPIF, reimburses the seller for costs and adds a profit if they meet performance targets. You need CPIF when you want to control costs while […]