it is not an easy task to come up with a financial proposal when applying for a consultancy at any multilateral organization.
In this article, I have gathered some creative ideas on what you can do to price your services.
The procurement process for hiring a consultant looks different both within and between agencies.
I am not going to elaborate on the differences, however, if you are interested in different procurement procedures you can ask ChatGPT for any of:
When applying for a consultancy you are either asked to submit the financial proposal at the time of application, or as in most cases later in the process when shortlisted.
This is an important difference for you as an applicant, if the financial proposal is requested upfront you may think about a proposal in the lower range to remain competitive.
If the proposal comes later in the process (meaning that the organization has primarily evaluated your skills and shows an interest in your services) you may look towards a higher range of your financial proposal.
The feeling when you get your first consultancy paycheck much lower than expected and realize that you have made a common calculation mistake. Photo by Siora Photography at Unsplash.