An important part of the procurement process is communicating your needs to potential vendors or suppliers. Depending on the circumstances of a particular project, the way in which you communicate your needs may vary. Consider the different procurement documents commonly usedâ€”RFP, RFQ, RFI, and IFB. Based on your reading and experience discuss how you choose and apply these documents to ensure your ability to procure appropriate resources and material.
In addition, discuss how the activities in the media piece provided in this unit helped you think about these procurement documents differently. In your opinion which procurement document is the most useful and appropriate for your project, and why.
(Media Transcript attached)