A project manager is selecting a vendor for a critical project component that must meet specific technical requirements and be delivered within a strict deadline. Which of the following vendor evaluation techniques would BEST ensure the selected vendor can fulfill these needs?
Evaluating the vendors' technical approach allows the project manager to assess whether a vendor can meet the specific technical requirements and deliver within the required timeframe. This technique focuses on the vendor's proposed methods and solutions, ensuring they align with the project's needs. While cost considerations, prequalification status, and financial capacity are important, they do not directly address the vendor's ability to meet technical and scheduling demands. Therefore, prioritizing the assessment of the technical approach is the best way to select a vendor capable of fulfilling these critical needs.
Ask Bash
Bash is our AI bot, trained to help you pass your exam. AI Generated Content may display inaccurate information, always double-check anything important.
What factors should be included in a vendor's technical approach?
Open an interactive chat with Bash
How can a project manager assess a vendor's ability to meet strict deadlines?
Open an interactive chat with Bash
What are the risks of choosing a vendor based solely on cost?