Fitbit and other fitness trackers set a default goal of 10,000 steps a day. But just how valid is this aim if you're trying to stay active, asks Chris Stokel-Walker. Late in the day, as you take a step, your wrist starts buzzing. Congratulations.
Question: One use of cash flow analysis is setting the bid p... One use of cash flow analysis is setting the bid price on a project. To calculate the bid price, we set the project NPV equal to zero and find the required price. Thus the bid price represents a financial break-even level for the project.
Ask these questions in your proposal and/or when the prospect responds to it (interview, negotiation). Explain that the bid required with your initial proposal represents x amount of work under y conditions, and that if your suppositions about the amount or kind of work required are incorrect, your price would adjust accordingly.