Managing RFPs can be labor-intensive and time-consuming.However,you can maximize the effectiveness of the RFP process if you use a smart management approach that involves
A)identifying your decision-making criteria.
B)pressuring bidders to respond as quickly as possible.
C)maintaining a manual system for tracking responses to RFPs.
D)waiting until all bids have been received before you finalize your information needs.
E)using the same format for every RFP used by the organization.

Question

Quizplus · Accepted Answer

Identifying decision-making criteria is crucial for effectively managing RFPs as it helps to ensure that all responses are evaluated in a consistent and fair manner based on the same set of criteria. This also helps to avoid bias and subjectivity in the decision-making process. Pressure tactics, manual systems for tracking, and delaying finalization of information needs can lead to rushed decisions and incomplete evaluation of proposals. Using the same format for every RFP can be helpful for consistency, but it is not as critical as having clear decision-making criteria.

Managing RFPs Can Be Labor-Intensive and Time-Consuming