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Assume you are a team member of a 7 0 0 million project and your PM has task you with finding a subcontractor who can
Assume you are a team member of a million project and your PM has task you with finding a subcontractor who can manufacture a key component. Do you have discovered a company that has made similar one of products in the past, but their bed is so low that you are concerned. Why have they been so LOW? Do you need to analyze the subcontractors financial capabilitystability to complete this part of the project. You cannot afford to have this part produced late or worse, begun and then not completed. As part of your due diligence, you will review the company's financial solvency to complete your sub project part. After you analyze and review of the companies financial records, you need to write a report to your PMs that either approved or denied the company to begin manufacturing. After all, who is to know why the company bid solo. Perhaps they need the work to stay in business or perhaps they just need to work to keep their employees from leaving the company during a downturn in business. It all comes down to is your recommendation.
Assume you are a team member of a million project and your PM has task you with finding a subcontractor who can manufacture a key component. Do you have discovered a company that has made similar one of products in the past, but their bed is so low that you are concerned. Why have they been so LOW? Do you need to analyze the subcontractors financial capabilitystability to complete this part of the project. You cannot afford to have this part produced late or worse, begun and then not completed.
As part of your due diligence, you will review the company's financial solvency to complete your sub project part. After you analyze and review of the companies financial records, you need to write a report to your PMs that either approved or denied the company to begin manufacturing. After all, who is to know why the company bid solo. Perhaps they need the work to stay in business or perhaps they just need to work to keep their employees from leaving the company during a downturn in business. It all comes down to is your recommendation.
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