Estimates prepared independently of proposals which act as a check against the prices offered in proposals. Match
Question:
Estimates prepared independently of proposals which act as a check against the prices offered in proposals.
Match each of the key terms with the definition that best fits it.
A. Best-of-breed strategy B. Contract negotiation C. Cost-reimbursable contract D. Enterprise resource planning (ERP) system E. Evaluation criteria F. External acquisition G. Fixed-price contract H. Independent estimates I. IT services firm J. Make-or-buy analysis K. On-demand computing L. Open source software M. Packaged software producer N. Plan Procurement Management O. Procurement documents P. Procurement management plan Q. Request for proposal (RFP)
R. Requesting seller responses S. Screening system T. Seller rating system U. Statement of work (SOW)
V. Time-and-materials contract W. Turnkey system X. Utility computing Y. Weighting system
Step by Step Answer:
Information Systems Project Management A Process Approach
ISBN: 9781943153541
2nd Edition
Authors: Christoph Schneider, Mark A Fuller, Joseph S Valacich, Joey George