Most of the matured organizations for complex projects they will be having criteria to select the sellers. Proposal Evaluation Techniques is one of the them. Here different parameters are considered, for example, the process capability, the financial capability, vicinity of the seller, the qualification of project manager from seller side, the credential of the sellers, etc.. For each of these parameters weightage will be given and the one who is scoring higher the contract will be awarded.
Proposal Evaluation Techniques is used the process Conduct Procurements.
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