August 2004
Intermediate to advanced
656 pages
15h 28m
English
Content preview from Return on Software: Maximizing the Return on Your Software Investment
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Evaluate Each Proposal Against the Selection Criteria
In this step, each of the proposals is evaluated against the selection criteria. This step is fairly self-explanatory, but one useful hint is to build a matrix with the proposals listed on one axis and the selection criteria listed on the other. The matrix helps you be sure you've evaluated every proposal against every selection criterion. Table 4-1 shows an example.
| Initial Investment (Priority 1) | Present worth (Priority 2) | Quality (Priority 3) | Quoted Delivery Date (Priority 4) | . . . | |
|---|---|---|---|---|---|
| Vendor 1 | $52,250 | $174,350 | Excellent | October 18 | . . . |
| Vendor 2 | $47,000 | $139,500 | Very good | September 12 | . . . |
| Vendor 3 | $61,000 | $151,000 | Acceptable |
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