Seller Performance Evaluation Documentation Notes: Definitions & Explanations PDF | Download eBooks
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Seller Performance Evaluation Documentation Definition:
Seller performance evaluation documentation is prepared by the buyer which documents the seller's ability to perform work.
A Guide to the Project Management Body of Knowledge by Project Management Institute
Seller Performance Evaluation Documentation Notes:
Even if the seller proposal confirms that the seller is capable of performing the required work, still the seller's performance must be evaluated regularly. The performance of the seller is documented using seller performance evaluation documentation. The evaluation documentation is prepared by the buyer and it determines if the seller is capable to continue the required work. This documentation is useful in procurement control. Seller performance evaluation documentation also specifies if the current supplier should be allowed to perform work or provide the required in future projects. Moreover, seller performance evaluation documentation also helps to rate the performance of the seller on the basis of the current or previous performance.
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