Activity

  • While selecting from a list of vendors the PM needs to keep a number of things in mind :
    1. Legal and Regulatory Compliance of the vendor
    2. Financial Condition of the company to make sure it can reach the projected goal.
    3. Business Experience and Reputation
    4. Qualifications, Backgrounds, and Reputations of Company Principals
    5. Risk Management Protocols (in case of an incident)