What Are The Benefits of Consultancy Projects?

Published29th July 2021 AuthorJohn Hudson

Why should you be bidding on consultancy projects tenders?

Looking to bid on consultancy projects tenders but need to know how it will help you and your business? Worry not, we are here to help. We’ve put together a guide that explains the benefits of working on consultancy projects.

What is a consultancy project?

A consultancy project is when an individual or organisation offers consultancy services for a particular project. This could be a challenge or issue the organisation is facing. Or it could be an idea you create that contributes to a company’s future success. For example, a company may need consultancy services if they want to launch a new scheme but need advice.

It’s an opportunity for you to think outside the box and offer a solution or idea to the buyer. The step-by-step process includes:

  • Strategic planning
  • Organising your team
  • Conduct research and requesting resources
  • Submit a project report and presentation with your conclusions.

The benefits of consultancy projects

Let’s look at how consultancy projects can benefit you:

Enhance your critical thinking

When offering services to consultancy projects you will gain a better understanding of issues and challenges within that industry. You will learn to examine those issues and challenges with a critical mindset.

 Develop your strategic approach

Strategy is an important factor when delivering consultancy services. You will need to devise innovative strategies to help a business meet its end goal. Some strategic areas you may focus on include:

  • Key performance indicators
  • Conducting market analysis
  • Reviewing new developments.

Collaborating with others

Consultancy projects may require you to work with other consultants which will strengthen your teamwork and collaboration skills. This will prove to be a crucial skill when bidding on contracts in the future. It will demonstrate to a buyer you work well in a team.

Making connections

Securing a bid for a consultancy project is a great way to make further connections. Work hard and get good results and you may find more opportunities come your way. It’s always handy to make some good contacts as they may have some projects they need you to work on. Make yourself known so they know you’re the best for the job.

 Gains you confidence

When securing a contract, you will be filled with confidence that a buyer chose you over competitors. They chose you for a reason, so have confidence in what you do and show off your capabilities.

Top tips

Here are our top tips to remember when bidding for contracts:

  • Always provide evidence – the buyer will expect to see at least 2-3 case studies of similar contracts you’ve worked on. Be sure they are relevant to the contract at hand.
  • Answer the question in full – don’t leave answers half answered or blank. Make sure you have considered all points to the question. Meet the word count.
  • Create added value – show the buyer what you can bring to the table that your competitors can’t.
  • Manage your time – it’s a long process so set plenty of time aside. Be aware of when your deadlines are and set a schedule to work to. Don’t fall behind.
  • Proofread – don’t forget to check your work multiple times. Triple check for spelling mistakes and grammatical errors before submitting the bid.

Here are some past consultancy project tenders sourced on our Consultancy Tenders portal:

3cea_DPS – DPS For The Provision Of Goods & Services For Energy & Climate Action Consultancy Projects & For The Provision Of Energy Efficiency, Renewable Energy & Retrofit Works

3 Counties Energy Agency – International – Budget: Undisclosed

Dynamic Purchasing System For The Provision Of Goods And Services For Energy And Climate Action Consultancy Projects

3 Counties Energy Agency – International – Budget: Undisclosed

Equality, Diversity & Inclusion Consultancy Project 2021

Natural Resources Wales – Wales – Budget: Undisclosed

Resident Engagement Consultancy Project

The Royal Borough of Kingston upon Thames – South East – Budget: Undisclosed

City of London Construction Consultancy Project Management Framework

City of London Corporation – London – Budget: £6million

Consultancy Tenders

Consultancy Tenders streamlines the tendering process to save you valuable time when finding education tenders.

Benefits of becoming a subscriber include:

  • Locating public and private sector opportunities in one central portal.
  • Receiving daily updates of available tenders, direct to your inbox.
  • Filtering your search by relevant keywords, budget, location, and more.
  • Access to your own Account Manager, who’ll answer any queries you have.
  • Your dashboard will automatically filter tenders to show you relevant opportunities.
  • We manually track opportunities from over 1,000 sources daily.
  • We host exclusive tenders that will not be posted on any other site.

Want to start finding education contracts with Consultancy Tenders? Book a free live demo today.

Need assistance with consultancy projects?

You may not have the time or resources in house to write a winning tender response in house. Outsourcing to tender writing specialists can help you secure your next contract.

Our sister company, Hudson Succeed, provide four levels of bid writing support services. Our Bid Writers have over 60 years of collective bid writing experience and an 87% success rate. Whether you’re new to tendering or need your response proofread – we can help.

Tender Ready

Tender Ready is the perfect programme for those who are completely new to tendering. You’ll have access to an expert Bid Consultant to answer any questions that you may have. You’ll also get a year’s subscription to our Finance Tenders portal.

Tender Improvement

If you have already been applying for tenders but aren’t seeing success our Tender Improvement package can help. Our Bid Writers will go over your previous submissions and provide feedback and guidance.

Tender Writing

Have you found the perfect courier delivery contract for your business but are struggling to start? Send it over to our Bid Writing team and they can write the whole response for you. If you use our Tender Writing service, they’ll even submit it on your behalf!

Tender Mentor  

Our Bid Writers can look over a bid response you’ve already written, checking it for errors before you submit. Sometimes you just need another pair of eyes to go over your response and our Tender Mentor service can help.

A subscription to Finance Tender could increase your chances of securing tender for external audit services. With the time saved and numerous opportunities found, Finance Tenders can feed seamlessly into your business development strategy. With a subscription to the portal, you receive:

  • Unlimited access.
  • A dedicated Account Manager.
  • A free 20-minute phone consultation.
  • A daily email bulletin.

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