V: Selecting the Solution

"Even in the case of an internal development solution, a contract should be considered. The implementation of a new financial information system is a crucial undertaking for your institution, and some level of documented agreement can be most useful in resolving potential conflicts with internal as well as external suppliers."

Overview

Understanding and Communicating the Selection Process
Issuing a Request for Information
Reviewing Alternative Strategies
Appointing a Selection Team
Issuing a Request for Proposals
Developing an Evaluation and Measurement System
Presenting Recommendations to the Steering Committee
Concluding Contracts with Selected Suppliers
Critical Success Factors and Land Mines

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