Inaccurate price quote

Inaccurate price quote due to lack of detail in the RFP

If the vendor does not know your detailed requirements, then they cannot possibly provide an accurate price or timeline quote. An overly high-level RFP is one of the most common causes of inaccurate price and timeline information being given to the Board. Your detailed requirements will eventually surface. We believe it is best to uncover them as early as possible, so that you can avoid surprises and having to go back to the Board hat-in-hand later. See “How to avoid scope-creep” for additional information about the importance of a detailed RFP and the Framework’s role in helping you avoid this critical risk.


Contact us to learn more about the

IT Guidance Framework