PK0-004 · Question #143
A software development project is struggling with a certain technology that is unknown to the project team. A project manager has received a third-party proposal to transfer the risk. Which of the…
The correct answer is E. Request for bid. A Request for Bid (RFB) is commonly used when deliverables are commodities for which there are clear specifications and when price will be the primary determining factor. The RFB is submitted to selected sellers for a formal bidding process. You can anticipate some…
Question
A software development project is struggling with a certain technology that is unknown to the project team. A project manager has received a third-party proposal to transfer the risk. Which of the following should the project manager do NEXT?
Options
- ARF1
- BRFP
- CRFQ
- DChange request
- ERequest for bid
How the community answered
(44 responses)- A2% (1)
- C5% (2)
- E93% (41)
Explanation
A Request for Bid (RFB) is commonly used when deliverables are commodities for which there are clear specifications and when price will be the primary determining factor. The RFB is submitted to selected sellers for a formal bidding process. You can anticipate some negotiations. The clear specifications are known (risk transference to 3rd party for management of specific program). Price still needs to be determined, this will kick off the formal bidding process to find the best vendor/price.
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