To most businesspeople, RFP stands for Request for Proposal. This is when a company submits requirements and specifications about a project to multiple companies to bid on. The company will then award the job to the most appealing proposal based on price, time, quality, and adherence to their requirements. Notice I said that RFP stands for Request for Proposal to most businesspeople. To me, RFP stands for Ready for Panic! Here’s why…
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