Project Management Methodology for Appointing Suppliers

Q: We need to appoint a preferred vendor to help us to complete a Project. Can you please tell us what the process is that we should undertake to do such a thing? We know that we need to get it right up-front, otherwise if we appoint the wrong supplier then the cost of changing during the project will be expensive.

A: You’re right, you need to put in a solid project management process at the outset. Our project management methodology includes such a process. The steps are as follows: Create a “Statement of Work”, then issue a “Request for Information”, then issue a “Request for Proposal” and then finally appoint the preferred supplier and negotiate the suppler contract. This single project management process applies to suppliers in all fields and industries.

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