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However the importance of deciding an optimum contingency level can not be compromised on the sophistication of the price escalation mechanism in place. Usually being a 10% of the total of quoted sums for billed items, contingency is an allocation for unforeseen events during the currency of works. Price escalation is one such phenomenon where the contingency allocation is used without recalling additional funds. Therefore, it is important to decide on the level of contingency in a rational way as a pre tender function of the consultants. However, qualitative forecasting methods utilize managerial judgment, experience, intuition, thumb rules and guesswork so that the decision model is basically implicit and subjective. Trend projection techniques may be appropriate in situations where the consultant is able to infer, from past behavior of a variable, something about its future impact on inventory, scheduling, seasonal variations and cyclical patterns. Demystifying a Mechanism to Deal with Open Market Vacillations By: Dr. Chandana Jayalath About the Author Dr. Chandana Jayalath is a Chartered Quantity Surveyor with a total of 18 years post qualifying industrial...more
There are lots and lots of opportunities available for you in online and along with these opportunities there are lots and lots of online scams too. With the increase use of internet, online scams are also increasing. The main aim of such online scams is to fool innocent users and make them to fall in their laid trap. The main aim of such scammers...more
You owe almost every bit of success you're enjoying to your downline and the sooner you realize that, the better. If you want to be an effective multi-level marketing manager and see profits soar to unimaginable heights for you and your downline, here are a number of coaching tips and lessons on motivation to consider:Help your downline see the...more
The affiliate marketing business provides a great opportunity for newbies who want to earn extra money online. Most people would always ask on the things that they can do to get more affiliate commission in less time. The sad fact is that most people treat this business as a get rich quick scheme and they will constantly look out for products that promise them quick income without much effort.The fact is that this is still a real business which will requires you to put in your work and effort. The good thing is that you will be able to earn more affiliate commission in less time if you are willing to do the work. Here are the 3 things that you can do to help you get more profits from your online venture.Task #1 – Promote Product That Is Already Proven To SellChoosing a good product is important as you will want to promote product that people are willing to buy. Most of the top affiliate network like Clickbank, PayDotCom and others will be able to provide you with important information on the top selling products. Since many people have purchased the product, you can be sure that the product is selling well and you will just need to focus on marketing it. When you put in a lot of...more
There is a slowdown in economic growth in the USA and China manufacturers have filled the gap. According to the National Bureau of Statistics, China has a 6.1% increase in the country's economy from the first quarter to the second quarter. China is...more
If you've got an online business, odds are you have heard of URL backlinks. What are one-way links, how could these help you increase your revenues and what makes them essential? This article answers these things.Simply put, one-way links are...more
The Acai Berry has been found to provide exceptional results in aiding weight loss and improving general health but unfortunately this impressive product has become associated with several Acai Berry scams which have affected a large number of people...more
Online scams also affect credit card dealings. Dealing withMake Money OnlineMake Money Online Scams By: esses hanselman About the Author To Make Money Online with Affiliate marketing, in the beginning, is very time consuming and...more
The current financial picture does not favor deep investments in marketing and advertisements. The businesses today have to be very careful in investing their money in the right place. That is only possible if they can assess the returns on their...more
Online Marketing and Web Presence Explained By: Tim Capper About the Author Standoutuk.com an integrated web design and online marketing agency (ArticlesBase SC #3608171) Article Source:...more