Reference no: EM133583107

Question

A healthcare organization has selected a pharmacy information system for acquisition and installation. Members of the selection team were impressed with the functions and features of the system. However, they were concerned with the implementation experience of the vendor. The vendor has installed the production in a total of ten sites. To minimize the financial exposure, the organization may arrange payment terms by establishing Group of answer choices multiple payments made on a periodic basis aligned to the standard vendor supplied implementation project plan multiple milestone payments based on explicit vendor deliverables throughout the implementation of the project multiple payments made as expenses are incurred by the vendor during the implementation of the project multiple payments by dividing the total contract amount for implementation by the number of months estimated by the vendor to complete the project.