What is Source Selection Criteria?
What is Source Selection Criteria?
Kailash Behera, MBA, PRINCE2®, PMP® Answered question November 24, 2023
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The Source Selection Criteria in project management are like the checklist or standards you use when choosing where to get something from. Think about picking a restaurant for dinner—you might consider things like price, location, and menu options. In projects, these criteria are the factors or guidelines you use to decide which suppliers, vendors, or partners to choose for your project. It could include aspects like cost, quality, experience, or even ethical considerations. By having these criteria defined upfront, it helps project managers make informed decisions about who to work with, ensuring they pick the best options that align with the project’s needs and goals.
Kailash Behera, MBA, PRINCE2®, PMP® Answered question November 24, 2023
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