Evaluation criteria-evaluation criteria form an input to the select sellers process. evaluation criteria are
used in select sellers for selecting a provider. evaluation criteria are developed to
evaluate the providers capability and their quality with respect to the needs specified.
weighting system is a method for quantifying the data during select sellers. using
a weighting system eliminates any personal influences, which may creep into the select
sellers process. it is one of the tools and techniques used in select sellers.
screening system is a threshold established for filtering proposals from sellers.
these are conditions, which need to be satisfied by a seller to qualify for negotiations. it is
one of the tools and techniques used in select sellers.
contract negotiation involves discussions with probable sellers regarding
structuring of the contract and agreement on the various aspects of the work being
outsourced. the various areas that are covered include schedule, terms, contract
structuring, and price. it is one of the tools and techniques used in select sellers.
other tools and techniques used in select sellers include independent estimates,
seller rating systems, expert judgment, and proposal evaluation techniques.