A Bid/ No-bid (Go/ No-go or Proposal/ No-proposal) Decision is a work process to decide whether or not the company participate in the business based on the assessment work processes such as proposal opportunity, project, client, competitors, and company capability assessment. A proposal cost and schedule, winning strategy, and other decision factors such as workload, future business plan, client relationship, project execution risks, etc. should be considered for the Bid/ No-bid decision.
Related Definition: The Project Proposal
