The under-budgeted ToR
A published tender that half fits, with a budget that does not cover the scope. Not bidding is a legitimate ending.
Branching, and constrained: an early decision closes options later on. There is no undo inside a run. That is the point of running one rather than reading about it.
Strategic value
5
Commercial soundness
6
Win probability
4
Decision
1
A 40-page ToR appears: assessment of a state social registry. Budget published at 45,000. Twelve weeks. You have three days before the deadline and one other opportunity competing for the same days.
What do you read first?