Question: In relation to Project Management A request for quote (RFQ) differs from a request for proposal (RFP) in that: RFPs generally ask for descriptions of

In relation to Project Management

  1. A request for quote (RFQ) differs from a request for proposal (RFP) in that:
    1. RFPs generally ask for descriptions of technical skills and implementation approach
    2. RFQs generally ask for innovative processes
    3. RFQs generally ask for a lump sum price
    4. RFPs generally ask for guaranteed maximum prices

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