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Short for Request for Proposal, a document that an enterprise sends to a vendor inviting the vendor to submit a bid for hardware, software, services, or any combination of the three. An organization typically issues the RFP in order to assess competing bids. PREVIOUS. RFMON.
Some basic considerations for each phase of the RFP process. A request for proposal, or RFP, is a document that describes a project's needs and asks for proposed solutions from qualified vendors. A good RFP can help ensure you have good vendors and your project is completed as planned.f there are no policies or guidelines in place, balance the rationales listed above against the time it takes to write and distribute a good RFP. Also, be sure to use common sense â for example, issuing a procurement document for the purchase of pencils and other office supplies is unnecessary.