PM Vendor Selection Evaluation Matrix
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Create a vendor selection evaluation matrix for [Project Name] procurement of [product/service].

Procurement details:
- Project: [name]
- Item to procure: [describe]
- Budget: $[amount]
- Vendors invited to bid: [list]
- Decision date: [date]
- Decision maker: [name/title]

VENDOR EVALUATION MATRIX

EVALUATION CRITERIA AND WEIGHTS

| Criteria | Weight | Vendor A | Vendor B | Vendor C |

TECHNICAL CAPABILITY (30%)
- Required features/functionality: [/10]
- Technical expertise: [/10]
- Implementation approach: [/10]
- Integration capability: [/10]
Weighted score: []

COST (25%)
- Total cost of ownership: [/10]
- Payment terms: [/10]
- Price competitiveness: [/10]
- Hidden costs identified: [/10]
Weighted score: []

VENDOR STABILITY (20%)
- Years in business: [/10]
- Financial stability: [/10]
- Reference quality: [/10]
- Customer retention: [/10]
Weighted score: []

SUPPORT AND SERVICE (15%)
- Response time SLA: [/10]
- Support model: [/10]
- Training provided: [/10]
- Documentation quality: [/10]
Weighted score: []

IMPLEMENTATION (10%)
- Timeline: [/10]
- Implementation team: [/10]
- Risk of disruption: [/10]
Weighted score: []

TOTAL WEIGHTED SCORE
- Vendor A: [total]
- Vendor B: [total]
- Vendor C: [total]

REFERENCE CHECK SUMMARY
Vendor A references:
- Reference 1: [company] — [feedback summary]
- Reference 2: [company] — [feedback summary]

RECOMMENDATION
- Recommended vendor: [name]
- Rationale: [key reasons]
- Negotiation points: [what to negotiate]
- Contract terms to include: [key terms]
- Risk mitigation: [specific to this vendor]

Source: https://promptzyo.com/prompt/pm-vendor-selection-evaluation-matrix