Conduct procurements process is to obtain responses to rfp


Discuss the below in detail:

Many times project managers must purchase goods and services to complete some or all of the work of the project. The purpose of the Conduct Procurements process is to obtain responses to your RFP (Request for Proposal), or a similar procurement document. Rank the following tools and techniques as it relates to procurement. Explain your ranking.

Advertising

Independent estimates

Analytical techniques

Bidder conferences

Proposal evaluation techniques

Expert judgment

Procurement negotiations

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Operation Management: Conduct procurements process is to obtain responses to rfp
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