Hello good afternoon can someone help me solve a Case Study

Hello good afternoon, can someone help me solve a Case Study Question 2 ? Chapter 3: \"New Manufacturing Facility in China\" on pages 91-93 of Successful Project Management Jack,Gido and James P, Clements text book 6th edition. subject...( Principle of project management ).

First paragraph reads; At its January 15 meeting the board of directors of Omega Consolidated Industries made a decision to build a new manufacturing facility in China and approved funding up to $180 million for constuction and start -up activities. It wants the new facility completed within two years from the date that a contractor is selected to design and buld the facility. Omega is a worldwide corporation with headquaters in London........

Question (2). Should the team consider a proposal from Asia General Contractiors ? why or why not?

Solution

They could have come up with a contingency plan and take the necessary steps to get more proposals. A contingency plan is a plan devised for an outcome other than in the usual (expected) plan (Wikipedia, retrieved July 14 2013) If they were shooting for 8 they should stick with that goal and not get flustered when they only received 3. Things hardly ever go as planned. They could have extended the deadline. They could have tried running the ad in a few more trade journals and seek other means of attracting proposals. They did not have to be so adamant and rigid about the June 30 deadline. Being adamant and rushing into accepting a proposal can be catastrophic. If they take their time and solicit the 8 they were originally aiming to get, they will make a better decision. They should not feel rushed into choosing from the 3.
2) Should the team consider the proposal from Asia General Contractors?
Yes they should. Their original deadline was June 30 but that was really conditional on receiving the 8 proposals they were hoping to get. Once they were short on proposals, that raised a contingency and amendments need to be made. Also, they need to look out for number 1. Asia gave them a good cost efficient bid. Why not consider them? They also have advantages over the other 3 other than low cost. On the other hand contractors may start to look at the company as flaky if they don’t stick to their deadlines. They may feel shortchanged and choose not to do business with Omega in the future. Omega may lose delicate relationships. This is tough topic.
3) After sharing initial comments on July 15 what should the team do?
The team should come to an agreement about whether to consider the bid from Asia. Furthermore I would say the team should amend the original plan and try and get the 8 bids