What type of document would be used by a security administrator to perform a cost analysis for a specific IPS model?

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Multiple Choice

What type of document would be used by a security administrator to perform a cost analysis for a specific IPS model?

Explanation:
The correct choice for a security administrator looking to perform a cost analysis for a specific IPS model is the Request for Quotation (RFQ). An RFQ is a formal process typically used when an organization wants to obtain price quotes from vendors for specific products or services. By issuing an RFQ, the security administrator can request detailed pricing information and specifications from different vendors regarding the IPS models being considered. This allows for a direct comparison of costs and features, assisting in the decision-making process regarding which IPS solution best fits the organization's budget and technical requirements. On the other hand, a Request for Information (RFI) is generally used to gather general information about capabilities and product offerings from vendors, not specifically pricing. A proposal usually refers to a more comprehensive document that outlines a vendor's solution to a problem and may include pricing but is more about presenting the overall solution rather than just cost comparison. Lastly, a contract is a legally binding agreement that outlines the terms of service and pricing after a purchase decision has been made, not a tool for initial cost analysis.

The correct choice for a security administrator looking to perform a cost analysis for a specific IPS model is the Request for Quotation (RFQ). An RFQ is a formal process typically used when an organization wants to obtain price quotes from vendors for specific products or services. By issuing an RFQ, the security administrator can request detailed pricing information and specifications from different vendors regarding the IPS models being considered. This allows for a direct comparison of costs and features, assisting in the decision-making process regarding which IPS solution best fits the organization's budget and technical requirements.

On the other hand, a Request for Information (RFI) is generally used to gather general information about capabilities and product offerings from vendors, not specifically pricing. A proposal usually refers to a more comprehensive document that outlines a vendor's solution to a problem and may include pricing but is more about presenting the overall solution rather than just cost comparison. Lastly, a contract is a legally binding agreement that outlines the terms of service and pricing after a purchase decision has been made, not a tool for initial cost analysis.

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