Seller Rating Systems

Seller rating systems use information about the sellers—such as past performance, delivery, contract compliance, and quality ratings—to determine seller performance. Your organization might have seller rating systems in place, and you should check with your procurement department to see whether they exist for the bidders on your project. Part of the Administer Procurement process (I'll talk about this in Chapter 10) concerns gathering and recording this type of information. Don't use seller rating systems as your sole criteria for evaluating vendors.

Proposal evaluation techniques are a combination of all the techniques I've discussed in this section. All techniques use some form of expert judgment and evaluation criteria—whether it's objective or subjective criteria. The evaluation criteria are usually weighted, much like a weighted scoring system, and those participating as reviewers provide their ratings (usually to the project manager) to compile into a weighted proposal to determine an overall score. Scoring differences are also resolved using this technique. Some or all of the evaluation techniques described here can be used in combination with the remaining tools and techniques of this section to evaluate seller responses.

Project Management Made Easy

Project Management Made Easy

What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.

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