MTICS

Let’s take a sidebar for a moment to discuss the issue of budget. Although outsourcing is improving its ability to save money, Elance is a labor market slave. There are always exceptions, but for the most part, the bidding service providers in their work (s) of sincere professionals are willing to return a quality product at a fair price. Before setting the budget for your project list, take some time to understand the market for the type of work that ad. Google and its main sub-categories, and then enter our site and prices to get an idea of going rates. I also suggest you check with applicable local companies and with colleagues as well, to help determine a price that is affordable for you, but not an insult to potential bidders. Buyers who try to milk the system, or are outsourcing, for pennies, the work that they have acquired through bidding, you quickly discover that only less skilled providers are submitting proposals to tender for work.

In short, be reasonable and fair in their price expectations. Once you have established your budget, you have a couple of options that can help in the pre-selection in future tenders. You have the option of whether or not to allow service providers to communicate with you via Private Message Boards, before actually placing their bids. This communication is optional but recommended, because you receive offers wider if service providers can clarify your questions in advance of supply commitments. You will also be able to list up to three questions you’d like to respond to tenderer, which will also help you with your pre-qualification.

Planning as an important link management includes the preparation and adoption on the basis of selected parameters of managerial decisions related to the future development of the enterprise. The main requirement for the system planning – is his focus, that is, the systematic formulation and preparation necessary to achieve activities. In other words, this process of elaboration and adoption of various plans (industrial, financial and investment). A special place in the overall control system takes financial planning, which is a complex process of forecasting cash receipts and payments businesses. With a deficit or surplus payment of financial planning helps to identify and select the most effective in terms of payment options for making business transactions. It can be represented as a flow planning means of payment and payment for the obligations of enterprises in the context of the following areas: the forecast cash flows (inflows and outflows of cash), the definition of essential facility investments by the company in whole and for individual investment projects; forecast sources of investment financing (internal and external).

In contrast, financial, investment planning under the training and understand the decision-making on targets, timetables, costs and financial results for the implemented projects included in capital budget. Investment planning has several features that should be considered in decision management decisions. Investment project is scheduled regularly, so revenues are also obtained irregularly – after their commissioning, and reaching its design capacity. It is therefore necessary to consider temporary (Time), in which the ratio of cash payments and receipts would be comparable. 3.Information associated with the planning of long-term investment periods (steps in the billing period) goes to the enterprise managers. It is confidential. If for any planned investment in specific projects need to decide on external financing, such information (as part of the business plan of the project) can be provided to external users (investors and creditors). 4.

High level of risk associated with the adoption and implementation of long-term investment projects. Basis for planning and starting point is strategic plan that reflects the objectives, development strategy for the long term, ways of its implementation to ensure financial stability, solvency, profitability of its operations and other parameters for the planning period. This document gives a detailed and structured description of the sequence of actions to achieve long-term goals, quantifiable (for example, growth sales and profits, return on assets, equity and investment, share price). Characterized by noting that the investment activities of enterprises difficult: the lack of development strategies, structured and integrated approach to the investment process, as well as its lack of economic justification. Therefore, to ensure the realization of strategic objectives businesses, developers advisable to introduce a comprehensive system of planning, analyzing and monitoring the main indicators of investment activity in the medium and long term. To more effectively investment project management plans for their implementation is split into multiple budgets that are more short-term performance (monthly, quarterly, annually), which provides a greater opportunity to adjust the composite Plan a real investment. Successful implementation of investment planning and budgeting system depends primarily on the quality of all the management at the factory. Therefore, in order to achieve a high level investment management appropriate to implement such a control system, where each level of management will closely match the responsibilities and powers. As a tool use a system of budgetary management of investment activity, which provides an integrated approach for the coordination of procedures for developing, reviewing, implementing and monitoring of budgets.