Conduct Procurements: Vendor Solicitation and Selection

Assignment Details

You are a project manager in an organization (organization of your choice) that does not have mature project procurement management practices. Management wants to hire a critical vendor. In the past, they hired vendors based on personal friendships, which proved to be the wrong approach. This time, they want you to explain different ways to solicit vendors and to create 1 document that is used for complex and critical processes: request for proposal (RFP). Management wants to see at least 3 candidates. The RFP will be sent to each of them, and an objective decision will be made based on vendor responses to questions shown in the RFP.

Watch the following videos to help you create the RFP:

https://www.youtube.com/watch?v=UcSEAPtxSeA
https://www.youtube.com/watch?v=kwnzFjh2Qlw

This assignment includes 2 parts. Please use the following template to complete the assignment:

Prior to submitting the completed template, please delete all instructions and examples.

Part 1: Procurement Documents

Request for Quote
Request for Information
Request for Proposal
Part 2: Develop Request for Proposal

Statement of Purpose
Background Information
Scope of Work
Deliverables
Terms and Conditions
Payments, Incentives, and Penalties
Contractual Terms and Conditions
Requirements for Proposal Presentation
Evaluation and Award Process
Process Schedule
Contract Information