Term: PPP
Public-private partnership; acronym pronounced by spelling it out. Update: Also now called P3. Because we need the time saved by eliminating one syllable for something important.
Tag: Terms starting with P
Term: Public/Private Partnership
A procurement model that uses the private sector to finance infrastructure development and to be repaid for its investment through some form of revenue sharing with the government client.
Term: Proposal Team
The group of people assigned to produce a proposal in response to a specific RFP. Always overworked; often overwhelmed; frequently underappreciated. Structure and make-up varies dramatically with the scope/scale of the RFP. (See chapter 3 of my manual for more on how proposal teams are configured to tackle the 33 …
Term: Proposal
The document (contractual, technical, management, and pricing sections) submitted by a bidder in response to an RFP. With the simultaneous efficiency/ambiguity that make Proposal Land so delightful/irritating, also refers to the period of time involved in putting together said document. For example, “How long is this proposal?” can mean the …
Term: Punch List
Admittedly, it’s like playing whack-a-mole. But you gotta keep whacking or they’ll over-run you.