At times, a project manager must evaluate proposals from identified vendors and
ID: 368907 • Letter: A
Question
At times, a project manager must evaluate proposals from identified vendors and make decisions based on the project budget and schedule. It is essential to determine how the organization will determine the best response to the proposal's individual vendors? IRTC has asked you to evaluate the customer service add-on the vendor offered while still in negotiations for this project. The add-on will cost $25,000 and take an additional 4 weeks to install. Your manager has asked for your opinion. The project is tracking along according to schedule and budget.
Question: What stakeholders would need to be involved in this decision-making process? Why?
Explanation / Answer
Stake holders involved are:
1. Project Manager: To decide the resources to be deployed, project schedule and cost involved.
2. Senior Consultant: To decide about the project timelines and milestones of the projects.
3. Client Partner: To act as a point of contact between the Client and the organization. He'll take feedback and update from the Project Manager and Client and resolve and dispute in scene.
4. Finance team representative: Give the cost-benefit analysis for the quotes and project from different vendors
Later on the Project Manager and Client Partner will meet up to the Client contacts and discuss about the same
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