INFORMATION TECH.PROJECT...-W/MINDTAP
INFORMATION TECH.PROJECT...-W/MINDTAP
9th Edition
ISBN: 9781337586801
Author: SCHWALBE
Publisher: CENGAGE L
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Chapter 12, Problem 6DQ

Explanation of Solution

Evaluating proposals:

  • When an organization wants to select a source or seller for procurement, their evaluation criteria must be very clear.
  • Organizations can use weighted scoring model to evaluate proposal as part of seller selection in the following manner.
    • Organization can define a criterion for rating a proposal. The criteria have to be specific and objective.
    • Each proposal is weight on a scale of 1-10, with 10 being the best selection in each category and 1 being the worst
    • A weight is assigned to each criterion to specify its importance in the project.
    • After this totaling, the proposal with the highest score is selected.
    • All the above make the evaluation process fair and consistent.

A Formal proposal evaluation sheet can be used for best seller/source selection...

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