As an Amazon Associate I earn from qualifying purchases.

Bidder Conference Definition and Explanation PDF | Download eBooks

Learn Bidder Conference definition in project management with explanation to study “What is Bidder Conference”. Study bidder conference explanation with project management terms to review project management course for online MBA programs.

Bidder Conference Definition:

Bidder Conference Explanation:

To conduct procurement, the communication between the buyer and the prospective sellers is necessary. One way of doing this is bidder conference. A bidder conference is a meeting between a buyer and prospective sellers. The conference is held before the potential sellers submit proposals. A bidder conference can be face-to face or video conference. Other terms used for bidder conference are contractor conference, vendor conference, and pre-bid conference. The sellers can inquire additional information regarding the procurement requirements in the bidder conference. Also, through bidder conference, the buyer makes sure that all the potential sellers understand the needs and requirements well.

Keep Learning Project Management Explanations

What is Resource Smoothing?

A project can need more resources than available. This means that the resources are limited for a particular project.Limited resources ...

What is Communication Requirements Analysis?

There is a need of communication at different stages of the project and among different people. The communication requirements must ...

What are Deliverables?

Deliverables are the expectations of the customer from the contractor and its project team. Deliverables are usually tangible items that ...

What is Resource Calendar?

As a number of different resources are involved in a project, they can sometimes be unavailable due to many reasons. ...

What is Risk Monitoring?

Uncertainty is a part of every project. The project team is responsible to identify and assess all the risks and ...

What is Variability Risk?

Every project has some uncertainty. There is always a chance that an unfortunate event might happen during the project. This ...