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What should be in a RFP when selecting a software vendor?

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Answered 2008-02-29 07:42:22

Make a highly specific requirement list, basically it can start from the actual process requirement. Specify the preferred technology Current scenario and desired scenario Desired delivery period If possible the budget for the project

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How do you write a RFP response?

Writing A Good RFP ResponseAn RFP response usually comes in the form of a Scope of Work document, or a proposal based on the requirements of the RFP. A good RFP will outline how your response should be written, and let you know all the information you need to provide, and how to provide it. If the RFP is not well written, I suggest you request a call with the potential client, and be prepared to ask specific questions that are not addressed in the RFP.

RFP responses idiom what does it mean?

RFP is not an idiom. It's an abbreviation.

What is RFP?

RFP is an acronym for Request for Proposal. This is a document which an organization will use to solicit for bids from potential bidders.

What does RFP stand for?

Request For Proposal.

Full form rfp?

Request for proposal

What is an RFP?

Request For Proposal. A Request for Proposal (referred to as RFP) is an invitation for suppliers, through a bidding process, to submit a proposal on a specific product or service

What is the market cap for Resolute Forest Products Inc RFP?

As of July 2014, the market cap for Resolute Forest Products Inc. (RFP) is $1,591,806,308.10.

What is the difference between a RFQ and an RFP?

- RFQ is asking you how much you will charge to perform a task- RFP is asking you to specify how you would solve the problem and how much youwould charge for implementing the solution

What is the value behind sending venues electronic rfp instead of contacting them through phones etc?

The value behind sending venues an electronic RFP instead of calling them on the phone is because an electronic RFP leaves a trail. You will have something in writing that you can look over later or pull out if there is a disagreement about something later. You do not have that with a telephone call.

Could two rfp fragments join together and circularize in the ligase tube?


How can I sell ice cream in Antarctica?

You can respond to a government RFP that requests ice cream.

What is Content Writer RFP?

Content Writer is someone who writes articles and web content and other type of content/articles. RFP is a request for proposal, and stands for a doc that includes the instructions on how the article/content needs to be writte. Vadim

What is an RFP and how does it differ from an RFQ?

A Request for Quote or Quotation (RFQ) is usually used when the Owner knows exactly the type, model and quantity of goods it wishes to buy, while Request for Proposal (RFP)'s ask bidders to provide a solution to a problem that could be solved in different ways. An example of when to use a Request for Quote (RFQ) is if you are buying 100 each Toshiba Laptop Computers c/w 2 GB ram, 100 GB HD, DVD Burner, with Windows 7. You know your requirement and have a specification to issue with the request. When to use an RFP, would be if you were unsure on whether to purchase, lease, rent the same 100 computers with software and hardware requirements that may differ from PC to PC. This gives the bidders an opportunity to offer a solution to your requirement. With the above in mind, it should be noted that evaluating a RFQ is usually easier than trying to determine an award from the results of an RFP. Visit for your free template pack.

Can you change the transmission of an Alfa Romeo Spider 1999 from manual to automatic?

The best contact center solution for you would highly depend on your needs and your industry. You'll want the most cost efficient software so it's best to gather information from a few options then make your decision. I recommend going to to search for suppliers. After you've narrowed down your results then send a Request for Pricing/Bid (RFP) to each firm. Your RFP should include all of your needs, clearly explained, so the firms know if they can meet your needs or not.

How do you evaluate responses to a RFP?

An RFP is a Request For Proposal. This is a process whereby a buyer invites potential suppliers to respond by submitting a proposal describing their company and how they can fulfill the buyer's requirements. Once these proposals are submitted the buyer evaluates them in order to identify the best supplier. The methodology followed for evaluating RFP responses depends entirely on how the initial RFP was designed. RFPs can vary in sophistication from a simple statement: We at ABC Corp need a new ERP system. Please submit a proposal by 14th January. to a carefully thought out set of questions and criteria that are designed to elicit responses which facilitate accurate evaluation and comparison: * 2.3.5 Does your system interface to XYZ acounting system? * 2.3.6 Please list the application specific interfaces provided by your system. * ... 4.2.3 List your three most recent customers to discontinue using your system, and their stated reason for doing do so The first type of RFP will elicit very different proposals from different vendors, making it difficult to perform a side-by-side comparison. By contrast, the second type of RFP lends itself directly to an objective evaluation. In either case, the crucial thing is break down the evaluation into discrete criteria, and then award scores for each vendor against each criteria. The most common method of evaluation is what is sometimes referred to as "weighted attribute analysis". This involves assigning weights to each evaluation criteria or question. The weight reflects the importance of the question, and defines its contribution to the total score. When the vendors have submitted their responses, the answers are scored, and a weighted total score can be calculated. For a high value purchase new considerations arise when evaluating RFP responses. * More stakeholders. By definition, high value purchases affect more people, and these people will want to be involved in the evaluation process. * Transparency. Decision makers in high value RFP projects will often need to be able to justify their decisions, especially in government or in regulated industries. Stakeholder's opinions can be captured in an evaluation process by having vendor's responses scored by different people in parralell. These scores can then be averaged, or an agreed scores can be decided on based on discussion. As more people become involved in an RFP, it becomes more difficult to agree on priorities, and to reflect these in the weightings assigned to different RFP criteria. Such differing priorities can be accomodated by creating mutliple sets of weights for the evaluation criteria. For example, Bob from the Finance department might have different priorities to Alice in Operations. In this case, two weigthing sets could be created. Once the vendors responses have been evaluated, total scores can be calculated using both weighting sets, and the results compared. If the same vendor wins with both weighting sets, then Alice and Bob can agree on their choice. If different vendors win with different weighting sets Bob and Alice will need to drill down to those questions that provoked the difference. When a decision maker is accountable to shareholders, voters or colleagues, it is essential that a record is kept of which scores where awarded which responses, when and by whom. For simple, low value projects, it is perfectly efficient to conduct an RFP using spreadsheets, word documents and email. However, for more sophisticated projects such an approach can become very cumbersome and error prone. In such cases the use of RFP Management Software (e.g SupplierSelect - ) reduces the amount of time spent on administering the process and allows evaluators to focus on the evaluation. Web based software is ideal in such circumstances since it allows all participants (vendors and evaluators) to collaborate online.

What is the symbol for Resolute Forest Products Inc in the NYSE?

The symbol for Resolute Forest Products Inc. in the NYSE is: RFP.

Definition of request letter?

Request letter is often a standard letter for request something. It is most common used for commercial proposals (RFP - Request for proposal).

How do you find request for proposal for Web design web hosting for agriculture industry in Canada?

Requests for Proposals (RFPs) can be found at sites such as the RFP Database at

What is the difference between an RFP and an RFA?

A request for proposal is made by a company interested in procurement of a commodity, service of asset. A request for application is to outline services available and how applications are submitted.

How do you Write a Request for Proposal Data Center?

I would need more information, is the RFP for monitoring scalability of your DC, asset management procurement, outside vendore/3rd party remediation / service, or other?

What does the acronym RFP stand for?

Request For Proposal This is the preliminary interest from a buyer to procure services/commodities for a supplier. This will include what services etc are required, and how much they would cost to obtain along with any particular clauses and T&C's.

What year was the x-15 invented?

The RFP for the X-15 was published in December 1954, with the rocket engine submitted in February 1955. The first unpowered test flight took place in June 1959, with the first powered test flight in September 1959.

What is the best site to find square foot costs?

If you are doing repair and/or remodeling estimates, Xactimate software provides current pricing per area. However, a subscription to Xactimate is rather expensive. In addition, you may contact a remodeler who may provide you with some prices. The most common method of getting square foot prices is to simply send a request for prices (RFP) or (RFQ) request for quotes to the appropriate subcontractors. If you are an individual who is not in the construction business, your best bet is to get estimates from local remodelers as you are not very likely to get an accurate estimate otherwise unless you have a small project.

Explain the relationship between logical and physical design?

Request For Proposal (RFP) is a written list of features and specifications given to prospective vendors before a specific product or package has been selected, whereas Request For Quotation (RFQ) is used to obtain a price quotation or bid on a specific product of package.

Explain the role of Quantitative techniques in making business decisions?

Customer Relationship Management (CRM) RFP Template (FREE sample)Description: A Customer Relationship Management (CRM) system model embeds modules like Business-to-Business (B2B) CRM, Marketing Automation, Sales Force Automation, Customer Service and Support, Partner Management, Contract Management and Creation, Project and Team Management, Business-to-Consumer (B2C) CRM, Internet Sales, E-Mail Response Management, B2C Analytics and Business Intelligence, ther CRM-Related Application Areas, E-mail marketing, Customer reference, Commission management, Field service, Relationship capital management, Survey software, Sales proposal software, Product and price configuration, Web conferencing, Mobile computing, Channel management, Retail solutions, Technical Functionality and Support, Business Functionality, Technical Functionality, and Ongoing CRM Solution Support Business Intelligence (BI) RFP Template (FREE sample)Description: A Business Intelligence (BI) model embeds modules like Business Performance Management (BPM), Core Analytics, Application-Centered Data Warehouse, Analysis and Exploration Tools, Alerting and Notification Systems, Scorecards, Portals, and Dashboards, Integrated Reporting and Queries, Workflow, Mobile Options, Industry Vertical Module Availability, Product Technology, and Technical Support