The RFI is a request for information, the RFP is a request for proposal, and the RFQ is a request for price quotation. They are official documents contracting body that's getting ready to purchase a product or service, but not all are suitable for every vendor to pursue.
When a software project is commissioned, a service level agreement (SLA) is put into place. The SLA is part of the contract between developer and client and measures overall project performance, usually with industry-approved metrics. It’s incredibly important to have an SLA as part of your contract(s) with a software development partner for five main reasons.
A project post-mortem, also called a project retrospective, is a process for evaluating the success (or failure) of a project's ability to meet business goals. A typical post-mortem meeting begins with a restatement of the project's scope.
The Capability Maturity Model is a development model created in 1986 after a study of data collected from organizations that contracted with the U.S. Department of Defense, who funded the research.
Hypercare is the period of time immediately following a system Go Live where an elevated level of support is available to ensure the seamless adoption of a new system.
Cost estimation models are mathematical algorithms or parametric equations used to estimate the costs of a product or project. The results of the models are typically necessary to obtain approval to proceed, and are factored into business plans, budgets, and other financial planning and tracking mechanisms.
Cost estimation models are mathematical algorithms or parametric equations used to estimate the costs of a product or project. The results of the models are typically necessary to obtain approval to proceed, and are factored into business plans, budgets, and other financial planning and tracking mechanisms.