DEVRY PROJ 410 Week 3 DQ 1

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DEVRY PROJ 410 Week 3 DQ 1

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• Consider again the dream retirement home that you
  were building as part of the Week 2 Discussion.
  Assume that you are working on the request for a
  proposal to be bid on by some local general
  contractors. Using the outline of the RFP
  sections discussed this week, what are some
  specific questions or areas of detail that you
  would put in your RFP? What are some ways that
  you'd tailor your RFP to make sure that you knew
  if the local general contractor whom you choose
  will meet all of your success criteria?

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• You would definitely want to know specifically
  what services will and will not be provided in
  this situation. I would want to have a clear
  understanding of what will be provided and what
  the cost is so I can see that difference between
  contractors. I can then better evaluate my budget
  and whether I am on track. I would also like to
  know what the contractors background is and what
  their experience level is in building a house
  like mine. I would also like to understand the
  talent level of the team that will be involved in
  my project. What is their experience and track
  record. I think these things would help you
  achieve success in getting house done on time.
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• Given the content of an Request for
  Qualifications (RFQ's) versus a Request for
  Proposals (RFP), do you feel that RFQ's and RFP's
  should both be a part of a procurement process
  (e.g. issue an RFQ, receive responses, shortlist
  bidders, and then issue an RFP to the
  short-listed vendors) or is one of these (either
  the RFQ or the RFP alone) sufficient for
  selecting a vendor?
• All the requirements for project completion are
  needed in the RFP in order to have a successful
  project. But I think the most important ones are
  the following Background, Scope of Services,
  Management and Control, Pricing, Termination
  clause Contract terms, and Terms and Conditions.
  So, pretty much they all have major part in a
  project.When selecting a general contractor,
  just like any other purchase you would want to do
  a little homework such as how long they have been
  in business, what type of project they have done,
  list all the right questions till you feel it's
  the one you want, and asking abut the references.