A project team usually issues a(n) ____ to vendors when the members believe that a vendor has more knowledge and experience in the solution area.
A) RFP
B) RFQ
C) RFD
D) RFT

Question

Quizplus · Accepted Answer

An RFP (Request for Proposal) is usually issued to vendors when the project team believes that the vendor has more knowledge and experience in the solution area. An RFQ (Request for Quote) is typically used when the project team already knows what they want and are looking for vendors to provide a price quote for the specified product or service. RFD (Request for Discussion) and RFT (Request for Tender) are not typically used in vendor selection processes.

A Project Team Usually Issues A(n) ____ to Vendors When