Which of the following statements is not true with regards to an RFP?
A) It determines budgets for schedules and costs
B) It includes key information about your organization
C) It will become the basis for a legal and binding contract
D) It identifies underlying business processes that the proposed system will need to support

Question

Quizplus · Accepted Answer

An RFP typically does not determine budgets for schedules and costs. Instead, it is used to solicit proposals from vendors and evaluate their proposed solutions based on various factors, including cost. The budget for the project is usually determined separately based on the proposals received and any negotiations that take place.

Which of the Following Statements Is Not True with Regards