Answer the following questions with reference to Figure 14–10.
a. The base case for a program is priced out at $22 million. The company’s chief executive officer is required to obtain written permission from corporate to bid on programs in excess of $20 million. During the price review meeting the chief executive states that the bid will be submitted at $19.5 million. Should you, as program manager, question this?
b. Would your answer to part a change if this program were a follow-on to an earlier program?
c. Proposals normally consist of management, technical, and cost volumes. Indicate in Figure 14–10 where these volumes can go to press, assuming each can be printed independently.