2 Collaborate and cooperate

Collaboration and cooperation are essential for achieving a win-win situation for all parties involved in the project. You need to collaborate and cooperate with your stakeholders throughout the project lifecycle, from planning and design to execution and closeout. You need to share your expertise, knowledge, and resources, and seek feedback and input from your stakeholders. You also need to respect and acknowledge the roles, responsibilities, and expectations of each stakeholder, and avoid conflicts and disputes by negotiating and compromising when necessary.

3 Deliver quality and value

Quality and value are the main drivers of stakeholder satisfaction and loyalty. You need to deliver quality and value in your estimates and bids, as well as in your performance and results. You need to ensure that your estimates and bids are realistic, reliable, and competitive, and that they reflect the scope, specifications, and standards of the project. You also need to ensure that you meet or exceed your stakeholder's expectations and requirements, and that you deliver the project on time, within budget, and with minimal errors or defects.

4 Solicit and act on feedback

Feedback is a valuable source of information and improvement for your estimating and bidding process. You need to solicit and act on feedback from your stakeholders, both during and after the project. You need to ask for feedback on your estimates and bids, as well as on your performance and results. You also need to act on feedback by acknowledging it, analyzing it, and implementing changes or corrections as needed. You also need to thank your stakeholders for their feedback, and show them how you have used it to improve your service and quality.

5 Build long-term relationships

Building long-term relationships with your stakeholders is beneficial for your reputation and business growth. You need to build long-term relationships with your stakeholders by following up with them after the project, maintaining contact and communication, and providing ongoing support and service. You also need to show appreciation and recognition for your stakeholders, by expressing gratitude, sending thank-you notes or gifts, or offering referrals or testimonials. You also need to seek opportunities to work with your stakeholders again, by staying updated on their needs and interests, and offering solutions or proposals that match their goals and challenges.