Are you writing an RFP (Request-for-Proposal) for security cameras in your business space? Well! Here is what you need to know before writing RFP for security cameras.
Though the bid-to-win ratio of professional services has increased over the past few years, it is not always a good idea to call out vendors by specifying your criteria.
So, before you take any such step, let us discuss all the possible pros and cons of the process so you can be ready to face any out-turn.
Firms usually use the following methods to design their RFP:
- Proprietary Method: The buyer explicitly describes what he wants in the light of his knowledge about the professional service.
- Descriptive Method: Though it offers control to the buyer, this method makes the choice of product flexible for vendors.
- Performance Method: The buyer explains the end result, and the vendor is free to use his desired ways to achieve that result.
Your RFP will offer an equal opportunity to all the vendors in the market. With your requirements being mentioned, any vendor can contact you as long as he can meet your expectations.
You don’t have to search through a plethora of firms offering security camera services. Your RFP narrows down your focus, as only the eligible candidates are considered.
You will have several options to select through, which means you will have the freedom of choice.
The descriptive and proprietary method requires a lot of research, which is not practical for businesses with no prior knowledge of security cameras.
The competition becomes limited, as only the vendors fulfilling the requirements contact you.
The descriptive method requires an extensive explanation of each complement, which is not feasible for project managers.
Evaluating all the bids and shortlisting potential bidders is a difficult and time-consuming task.
Keeping all the pros and cons in mind, the only option for your business firm is to opt for the performance method when writing an RFP for security cameras.
Credible platforms, like Praetector, understand client needs and offers the results you are looking for.