Business Case and Vendor Selection
Posted: Thu 01 Mar 2018 12:02 pm
Hi
I have a question about the appropriate/required order of events. I gathered business requirements and have run a robust vendor selection process and I am at a position where I know who the preferred vendor/solution is.
Obviously, each solution had differing costs so I couldn't complete a business case until now. My question is, can I notify the successful vendor and begin contract development in parallel with internally getting a business case approved or do I need to wait for BC approval before notifying the winning vendor and starting contracting?
Thanks for your responses.
I have a question about the appropriate/required order of events. I gathered business requirements and have run a robust vendor selection process and I am at a position where I know who the preferred vendor/solution is.
Obviously, each solution had differing costs so I couldn't complete a business case until now. My question is, can I notify the successful vendor and begin contract development in parallel with internally getting a business case approved or do I need to wait for BC approval before notifying the winning vendor and starting contracting?
Thanks for your responses.