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The RFP, or request for proposal, is a formal document for bidding quotation that contains a project description and the related requirements. It can be sent to various companies, which later respond with their implementation offer along with an estimation of costs. You can often find the RFP in IT industry.
Prepare a thorough document: The RFP should include an executive summary, project overview, project scope, project description, technical details, data security, project management requirements, and quality assurance requirements. Make sure to outline your project's goals and requirements clearly.
7 Steps to Writing an RFP That Will Get You Great Responses Include a budget. Include Criteria for Selection. Provide Examples. Set the expectation. Timeline. Both for the process and the project. Goals and Metrics. Scope of Work/Deliverables. Do your homework and self-select a handful of vendors.
How to write an RFP that will get a response Define your project and needs. Write an introduction. Explain your company's and project's history. Describe your project's requirements. Explain how vendors should respond. Outline your selection criteria. Note your timelines. Proofread and revise your RFP.
Key Elements of a Software RFP Executive summary. Your executive summary sets the stage for the project, providing potential vendors with a big-picture understanding of your vision. ... Company overview. ... Project overview and goals. ... Project scope. ... Timeline. ... Budget. ... Bid selection criteria. ... Contact Information.