A project manager is selecting a vendor for a complex integration project that requires adherence to strict security protocols and compatibility with existing systems. Which vendor evaluation technique should the project manager prioritize to ensure the vendor can meet these technical requirements?
Evaluating the vendor's technical approach is crucial in this scenario because it assesses how the vendor plans to meet the project's technical requirements, including integration capabilities, security measures, and system compatibility. Cost-benefit analysis considers the financial aspects but does not address technical feasibility. Market research provides general industry information but does not evaluate a specific vendor's capabilities. Reference checks can offer insights into past performance but may not reveal how the vendor will address the specific technical challenges of the project.
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Why is security a critical consideration when selecting a vendor?
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How does system compatibility factor into the vendor evaluation process?