A procurement project is a series of high-stake decisions. The project team faces choices between alternative procurement strategies, alternative contractors, alternative products and services, and alternative contracts.
Decisions are hard to make in a project's formative stages, yet are subject to intense scrutiny. Alternatives are hard to differentiate. Uncertainty, risk and complexity abound. Hindsight is not available. Making the right choices is essential if the project is to succeed; wrong choices are expensive and time consuming to unwind.
Making the best decision relies on properly evaluating the alternatives to determine which offers the best balance of value and risk. This is complicated as the evaluation necessarily involves many stakeholders, a wide range of factors, and supporting documents and has to be conducted within demanding timescales.
The decisive phases of major procurement projects do not happen every day, and conducting project critical evaluation tasks can be unfamiliar territory.QinetiQ Commerce Decisions has developed considerable expertise in solving these problems through our involvement in procurements of different sizes valued at over†£50 billion. Uniquely, QinetiQ Commerce Decisions is completely focused on delivering best-practice advice, facilitation and execution for procurement evaluation and decision-making.
QinetiQ Commerce Decisions can combine professional services with the provision of a hosted software-based evaluation service. This provides immediate incremental value over traditional spreadsheet-based approaches, which are inaccessible and do not support efficient collaboration.
I would recommend AWARD software. Its advantages over a paper-based system are numerous. Not only did it help us produce a better outcome but it also significantly reduced the procurement cycle time and made the whole process far more efficient.
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Colin Browne, Deputy Framework Manager Research Framework, Department for Work and Pensions