There are many ways to gauge the success of a project. But how do you measure the success of the request for proposal (RFP) that outlines the project?
If you wait to match a project’s actual return on investment against that expected by the RFP, you’re too late. In fact, by the time project leaders even begin an initiative, the outcome may already be ordained. A poorly constructed RFP puts a new spin on an old cliché: “Garbage out, garbage in.”
Project managers can help themselves by following some fundamental steps when crafting RFPs, says Bud Porter-Roth, an information-technology consultant and author of “Request for Proposal: A Guide to Effective RFP Development.” Writing skills, for example, never go out of style. Most important, Porter-Roth says, “is to ensure that all requirements are fully researched and valid.” Otherwise, “The buyer always loses.”
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