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Vendor selection and management
Determining when to use a vendor and how to select and manage a vendor effectively can make or break even the most carefully planned project. Understanding the factors that determine the most appropriate vendor relationship is crucial to your success. Proactive involvement in establishing the vendor relationship, from selecting the vendor, determining the appropriate type of contract, to establishing the contract terms is essential to effective vendor management and to the success of your project.
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Highlights
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Making the right vendor selection is as critical as choosing the right tool. Use these guidelines to avoid making the wrong choice and paying for it later.

