The cost of bidding everything
Teams rarely lose money on the bids they decline. They lose it on the ones they pursue without a clear view of whether they can win. A single IAM tender can absorb weeks of architect and consultant time, and that time is the same time your delivery pipeline needs.
Deciding early is what protects it. A qualification step that takes an hour at the start can save several weeks later, and it makes the bids you do pursue better resourced.
Score what actually predicts a win
Four questions carry most of the signal. How much of the mandatory requirement set do your capabilities genuinely cover. Is the timeline achievable with the people you can free up. Does the commercial shape work at your rates. And do you have a credible relationship or reference in this space.
Score each on a simple scale, keep the scale the same across bids, and weight the categories to match how your firm actually wins. Consistency matters more than precision here, because it lets you compare this tender against the last twenty.
Set thresholds before you see the deal
Agree your go and no-go thresholds in advance, when no specific opportunity is in the room. Once a partner is attached to a deal, thresholds tend to move. Writing them down first turns the conversation from opinion into a comparison against an agreed bar.
Adjust for risk rather than ignoring it. A high score with a hard dependency on a capability you do not yet operate is not the same as a high score without one.
Write the decision down
Record the score, the reasoning, the main risks, and who approved it. When the same client returns next year, or when a partner asks why you walked away, you have a record rather than a recollection. Over time the record also tells you which categories predicted your wins, so the criteria improve.
Where BidGenX fits
BidGenX scores each opportunity against your own thresholds, shows the sub-scores per category, lists the risks driving the verdict, and keeps the reasoning attached to the tender. The decision stays yours; what changes is that it is quick to reach and easy to defend later.
See how BidGenX applies this to your tenders.