Proposal - An Overview

Introduction

A proposal is created with respect to a customer's enquiry or for internal project executions to arrive at the estimated cost. The scope of the work is identified and broken up into manageable deliverables. Subsequently, tasks are mapped to each deliverable. At the time of mapping of task, materials and resources required for execution of the tasks are estimated. Overheads can be applied to arrive at a more realistic estimate. For every deliverable, a margin percentage can be applied to arrive at a possible proposal value for that deliverable. The sum total of the deliverable wise proposal value becomes the total proposal value.

Feature Highlights

• Provision to create proposals and cost estimates

• Break the estimated work into deliverables

• Map tasks, materials and resources for each deliverable

• Materials are estimated at the last purchase price

• Provision to add deliverable wise margin percentage for a proposal value

• On approval of a proposal, sales quotation to be generated which can be converted to a sales order

• Provision to control user access to proposal's rates / values

Getting Familiar with the activities inside