cost management
The process of planning, monitoring and adjusting the expenses and revenues of a business in order to achieve cost efficiency and capability.
Bid managers are responsible for researching and selecting tenders, analysing tenders and submitting tenders. They take into account the requirements of the tendering company and the possibilities for implementation. They take care of both the calculation of costs and the estimation of possible risks. Bid managers are responsible for communication with the contracting company or institutions. They work together with project managers serve as an interface to customers in larger companies. They are often the primarily responsible for the offers (proposals) and their presentation.
Competences and skills
12 ESCO relationsEssential knowledge 2 competences
Occupation specific
0 competencesNo competences in this bucket.
Sector-specific
2 competencesproject management
The discipline of project management, the activities which comprise this area and the variables implied in it, such as time, resources, requirements, deadlines, and responding to unexpected events.
Cross-sector
0 competencesNo competences in this bucket.
Essential skills and competences 10 competences
Occupation specific
1 competencereport on grants
Inform the grant giver and grant receiver accurately and in time about new developments.
Sector-specific
2 competencesdeliver business research proposals
Compile information aimed at impacting positively the bottom line of companies. Investigate and present finding of high relevance for the decision-making process.
evaluate project plans
Evaluate proposals and project plans and assess feasibility issues.
Cross-sector
7 competencescarry out tendering
Place the request for a quotation to the organisation requesting a tender, then perform the work or supply the goods agreed with them during the tendering process.
give live presentation
Deliver a speech or talk in which a new product, service, idea, or piece of work is demonstrated and explained to an audience.
implement a management system
Make and monitor the changes in business processes that are needed to create a system that collectively manage different parts of the business of an organisation.
manage information sources
Identify relevant internal and external information sources and providers. Organise the information workflow and define information deliverables.
manage project changes
Manage requested or identified changes to the original project planning, assess the need to implement the changes and communicate them to the different project stakeholders. Update the relevant project documentation.
manage resources
Manage personnel, machinery and equipment in order to optimise production results, in accordance with the policies and plans of the company.
perform risk analysis
Identify and assess factors that may jeopardise the success of a project or threaten the organisation's functioning. Implement procedures to avoid or minimise their impact.