A project manager of an international project has asked the procurement department to provide details of qualified third-party vendors to ensure the outsourcing for the new technology development…

The correct answer is D. an RFI. An RFI (Request for Information) is used to gather information from potential vendors about their capabilities, qualifications, and services - without committing to a purchase. The PM is in an exploratory phase, identifying who is qualified. An RFP (Request for Proposal)…

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Question

A project manager of an international project has asked the procurement department to provide details of qualified third-party vendors to ensure the outsourcing for the new technology development. This is an example of.

Options

Amake or buy.
Ban RFP.
Can RFQ.
Dan RFI.

How the community answered

(35 responses)

A
3% (1)
B
3% (1)
C
6% (2)
D
89% (31)

Explanation

An RFI (Request for Information) is used to gather information from potential vendors about their capabilities, qualifications, and services - without committing to a purchase. The PM is in an exploratory phase, identifying who is qualified. An RFP (Request for Proposal) solicits formal proposals, an RFQ (Request for Quote) solicits pricing, and make-or-buy is a decision analysis technique, not a vendor outreach document.

Topics

#RFI#procurement documents#vendor selection#outsourcing

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