Description
Bidder conferences are an essential part of the project management process, providing an opportunity for potential contractors to learn about the project requirements and ask questions of the project team. The PMBOK® Guide provides guidance on how to run a successful bidder conference, from developing the agenda to conducting the meeting itself.
Bidder conferences can be a valuable tool for ensuring that all potential contractors have a clear understanding of the project requirements. They also provide an opportunity for contractors to ask questions and get clarification on any aspects of the project that are unclear. Running a successful bidder conference requires careful planning and execution. Some guidelines will help ensure that your bidder conference is productive and informative for all attendees.
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| Bidder Conferences |
It is a meeting between the buyer and prospective sellers to ensure that the understanding of the procurement is clear. It is also known as Contractor Conferences or Vendor Conferences or Pre-bid Conferences.
It is an independently-used project management tool.
Where it is Used
Process Groups
This tool is used in the following Process Group(s) during the project management.
Executing
Knowledge Areas
This tool is used in the following Knowledge Areas during project management.
Project Procurement Mgmt.
Activities
This technique is used while performing the following project management activities by the project manager and the team.
Conduct Procurements
Process Group | Knowledge Area | Activity |
Executing | Project Procurement Mgmt. | Conduct Procurements |
