You are the business analyst for your organization. You've believed that your solution can actually be purchased from outside vendor rather than trying to create the solution internally. You decide to ask the vendor to provide a fee for their services based on the statement of work. What document will you give the vendor along with the statement of work?
Correct Answer: A
Explanation/Reference:
When an organization wants just the cost of the service or product, request for quote is used. Quotes, provided by vendors to buyers, don't present any ideas or direction, but provide just the cost of the solution.
C is incorrect. Request for proposal asks the vendor to provide detail on a proposed solution and
the cost of the solution.
D is incorrect. Purchase order tells the vendor that your organization will be purchasing the goods
or services.
B is incorrect. Contract terms aren't feasible, as the business analyst doesn't know how much the
solution will cost. Contract terms come later in the procurement process.
Recent Comments (The most recent comments are at the top.)
BABOK V.3 page 361 Vendor Assessment