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Activity

Vendor evaluation framework

Create systematic approach to evaluating technical vendors

Develop framework for evaluating and selecting technical vendors. This activity helps you make objective vendor decisions.

45 minutes
creation

Overview

Develop framework for evaluating and selecting technical vendors. This activity helps you make objective vendor decisions.

Learning objectives

  • Define evaluation criteria
  • Create scoring system
  • Design selection process

Instructions

Evaluate vendors:

1. Define requirements 2. Create evaluation criteria 3. Design scoring matrix 4. Plan proof of concept 5. Create decision process

Steps

1

Criteria definition

20 minutes

Define evaluation factors

2

Framework creation

15 minutes

Build evaluation system

3

Process design

10 minutes

Create selection approach

Pro tips

  • Include total cost of ownership
  • Evaluate vendor stability
  • Consider integration complexity

Example outcome

Vendor evaluation framework with criteria, scoring, and process

Explore more resources

Check out the full stdlib collection for more frameworks, templates, and guides to accelerate your technical leadership journey.