Overview

Once it is determined that an organization cannot build a solution with internal resources, it must look outside the organization to acquire the products or services it needs. This could be anything from needing a new accounting system to having all a clients applications hosted in the cloud.

Whatever the motivator, undertaking the Request for Proposal process can be a challenge for a new project manager, and there are many lessons to be learned and shared as we gain more experience in leading these type of projects.

Instructions

Use the CCCOnline Library, or any other credible sources you may locate on the World Wide Web, to learn more about the managing the Request for Proposal process. In your research paper, address the following

• What are the phases of the RFP process, and what is the goal of each phase?
• What is the purpose of a requirements evaluation matrix, and how does it aid in the selection of a vendor or product?
• What considerations should you have in mind when you assemble the RFP committee to consider acquiring new products or services for the organization?