You're Working on a Proposal to Install a New Software

question 77

Essay

You're working on a proposal to install a new software system for a small local company. You have an extensive list of testimonials and a history of successfully completing other similar projects for different businesses. You know that the plan you propose will meet the client's needs, but due to other scheduling commitments you think it is unlikely that you will have the system up and running in six weeks as the customer requested. You decide to provide a timeline that commits to the customer's deadline, deciding that if you cannot honor it you will mention some excuse to explain the need for an extra week or two. Discuss the implications of this situation.

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Definitions:

Identification

The act of identifying or confirming the identity of an individual or object.

Risk of Loss

The potential for an investment or venture to result in financial loss, a fundamental consideration in finance and insurance.

Sales Contract

A legal agreement between a buyer and seller detailing the terms and conditions of a sale of goods or services.

Insurance Coverage

A contractual agreement where an insurer agrees to compensate the insured for specific losses or damages in exchange for premiums paid.