Mar 18, 2010

STEP 4 - DEFINE THE REQUEST FOR PROPOSAL

Step 4 – Define the Request for Proposal (RFP)
Once the project requirements are defined the RFP can easily be created. There are critical questions related to security, vendor strategy, clientele, financial strength, and vendor history that need to be addressed. The RFP should be thorough and all encompassing but the responses should be limited to simple YES/NO or a short description. This will make the evaluation of the responses much easier and more consistent. The RFP will be sent to the selected “short list” of vendors with specific instructions on how to complete and return it.

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