Vendor Evaluation Template
This Vendor Evaluation template is developed by a PMP certified project manager. It is fully editable and ready for use on your project.
This Vendor Evaluation template will help you perform a structured assessment of a vendor’s performance. The vendor evaluation is an important tool for determining whether to continue the business relationship or whether to recommend the vendor to other organizations. For this reason, it remains in the vendor file for future, organizational use.
This template is developed to support a wide range of project types and sizes. Specifically, it:
- it begins with a section that captures relevant project information;
- provides sections for recording the evaluators information, the vendors information, a brief history of the vendor’s experience, and vendor references; and
- includes sections for evaluating timeliness, responsiveness, courteousness, flexibility, capacity, culture, compliance, quality, communication, cost, scope, risk, and willingness to engage again.
Who Creates the Vendor Evaluation?
If the vendor’s performance concerns a project, the Project Manager is responsible for evaluating vendor performance.
What Are the Inputs?
Inputs to vendor evaluation include vendor identifying information, information regarding vendor past performance experience, observation, test and inspection reports, and feedback from members of the project team.
Make Work Easier
We know this template will make your work easier. Want an even a better solution? Consider getting The Practitioner’s Book of Project Management Templates. This set of 86 templates will support you throughout the project life cycle. By the way, it includes this Vendor Evaluation template.