Pricing to Win/Winning in the Cost Volume
Course Information
This 3-day interactive workshop builds practical skills through lecture, discussion, and skill-building exercises. A description of each course in this combination is listed below.
Pricing To Win
This 2-day workshop teaches skills for business development, marketing, capture management, pricing, and finance personnel, including:
- Understanding customers’ acquisition budgets, including sources and uses
- Understanding customer assessments of bidders’ proposed prices/Price-capability trade-offs
- Reviewing competitors’ probable solutions and likely pricing strategies and tactics
- Iteratively adapting your company’s solution, price, and capture strategy to improve win probability
- Influencing customers to prefer your company’s own solution and price over competitors’ prior to release of an RFP
- Guiding proposal pricing efforts to ensure the offer places your organization in a position to compete and ultimately win
- Securing the award after proposal submittal by refining and executing pricing strategies
Participants actively engage in hands-on exercises based on a real-world competitive opportunity. This fast-paced workshop builds skills and expands knowledge in this critical aspect of winning business.
Winning Cost Volume
This 1-day workshop teaches you to address critical issues needed to gain a strategic advantage by enhancing the skills of the people who manage and prepare cost volumes:
- Understand how cost volumes are evaluated and what increases cost in evaluation
- Learn acceptable, allocable, and allowable costs
- Learn why and how to develop the RFP requirements checklist, CLIN, CDRL, and Program Control Matrix
- Learn to develop a WBS and WBS dictionary
- Develop appropriate and acceptable estimates
- Develop good task descriptions
- Develop defendable BOEs