As a project manager, you are in the process of planning your project's procurement activities. Your project requires highly specialized consulting services, which only a few suppliers can provide. To ensure that the selected supplier meets the project's needs, what is the best approach to take during the procurement process?
Develop a Request for Proposal (RFP) that clearly outlines the project requirements and expected outcomes
Use a Request for Information (RFI) to gather possible suppliers capable of providing the consulting services
Directly issue a contract to a supplier based on past engagements without a formal procurement document
Prepare a Request for Quotation (RFQ) focusing strictly on the price of the consulting services