Step 1 – Plan the RFP Project and Form a Team - Identify the basic requirements to launch the RFP effort, identify affected departments, assemble the RFP team, and layout the basic outline of the RFP document.
Step 2 – Define Business Needs, Scope & Objectives - Conduct a competitive analysis, develop a mission statement, identify affected business processes, define desired outcomes, identify critical success and risk factor, and develop an initial scope or statement of work.
Step 3 – Develop Technical Requirements - Identify specific information systems technical requirements, current systems configurations (software and hardware), and performance standards.
Step 4 – Establish a Preliminary Budget - Establish a budget for the planned Internet project and a revenue model if required, and begin the effort to develop the associated ROI (Return on Investment) models.
Step 5 – Develop Potential Vendors List - Research, initiate contact, and eliminate potential vendors leading to a final list of qualified vendors for your Internet project.
Step 6 – Write the RFP - Pull together all the RFP components into a final document.
Step 7 – Send the RFP - Provide the RFP package to your vendors.
Step 8 – Proposal Review Process - Review responses from the vendors with the goal of eliminating all but the top contenders.
Step 9 – Select The Final Vendor and Negotiate A Contract - Select the final vendor and negotiate a contract.
Step 10 – Post RFP Project Process Review - Review the RFP teams performance to identify how to conduct future RFP efforts more effectively.