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CLO-002 · Question #500

A business analyst asked for an RFI from a public CSP. The analyst wants to assess the financial aspects of a potential contract. Which of the following should the analyst expect to see in the RFI?

The correct answer is B. Fixed costs. A request for information (RFI) is a tool used by procurement teams to understand the options available for solving a problem or completing a task. Suppliers respond to RFIs with information about their products and services. An RFI can inform buyers about the size, operation…

Business Principles of Cloud

Question

A business analyst asked for an RFI from a public CSP. The analyst wants to assess the financial aspects of a potential contract. Which of the following should the analyst expect to see in the RFI?

Options

  • ATime to market
  • BFixed costs
  • CTraining
  • DCapital expenditures

How the community answered

(33 responses)
  • A
    9% (3)
  • B
    82% (27)
  • C
    3% (1)
  • D
    6% (2)

Explanation

A request for information (RFI) is a tool used by procurement teams to understand the options available for solving a problem or completing a task. Suppliers respond to RFIs with information about their products and services. An RFI can inform buyers about the size, operation, experience, and products of potential suppliers. A business analyst who asked for an RFI from a public cloud service provider (CSP) would want to assess the financial aspects of a potential contract. One of the financial aspects that the analyst should expect to see in the RFI is the fixed costs of the cloud service. Fixed costs are the costs that do not vary with the amount of resources or services consumed by the buyer. Fixed costs can include setup fees, subscription fees, maintenance fees, or support fees. Fixed costs can help the analyst to compare the prices of different cloud service providers and to plan the budget for the cloud project. Fixed costs can also affect the return on investment (ROI) and the total cost of ownership (TCO) of the cloud service

Topics

#RFI#fixed costs#financial assessment#CSP contracts

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