# What Is the Executive Sponsor's Role after the Rfp Contract Has Been Awarded? ▴ Question

**Published:** 2025-08-08
**Categories:** Question

---

![A modular system with beige and mint green components connected by a central blue cross-shaped element, illustrating an institutional-grade RFQ execution engine. This sophisticated architecture facilitates high-fidelity execution, enabling efficient price discovery for multi-leg spreads and optimizing capital efficiency within a Prime RFQ framework for digital asset derivatives](https://options.greeks.live/wp-content/uploads/2025/07/principal-prime-os-rfq-engine-for-digital-asset-derivatives.jpg)

![A sleek blue and white mechanism with a focused lens symbolizes Pre-Trade Analytics for Digital Asset Derivatives. A glowing turquoise sphere represents a Block Trade within a Liquidity Pool, demonstrating High-Fidelity Execution via RFQ protocol for Price Discovery in Dark Pool Market Microstructure](https://options.greeks.live/wp-content/uploads/2025/07/advanced-institutional-digital-asset-derivatives-rfq-execution-system-for-optimal-price-discovery-and-high-fidelity-execution.jpg)

## Concept

![Precision-engineered modular components, with transparent elements and metallic conduits, depict a robust RFQ Protocol engine. This architecture facilitates high-fidelity execution for institutional digital asset derivatives, enabling efficient liquidity aggregation and atomic settlement within market microstructure](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-protocol-engine-optimizing-high-fidelity-execution-and-liquidity-aggregation.jpg)

## The Mandate beyond the Signature

The moment a contract is awarded following a Request for Proposal (RFP) process, a common perception is that the primary challenge has been overcome. This view sees the contract signature as a finish line. From a systems perspective, however, this moment is the true beginning. The signed contract is not the asset; the asset is the operational capability and strategic value the agreement is intended to deliver.

The [executive sponsor](https://prime.greeks.live/area/executive-sponsor/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite)’s role undergoes a profound transformation at this juncture, shifting from selection and negotiation to the complex work of [value realization](https://prime.greeks.live/area/value-realization/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite). The sponsor becomes the designated architect of this new reality, responsible for ensuring that the intricate framework detailed on paper is translated into a functional, value-generating component of the enterprise’s operational system.

This responsibility extends far beyond periodic check-ins or high-level oversight. The executive sponsor functions as the strategic guarantor of the contract’s purpose. They hold the ultimate accountability for integrating the new vendor, service, or technology into the organization’s ecosystem. This involves bridging the gap between the project delivery team, which is focused on tactical execution, and the senior leadership team, which is focused on strategic outcomes.

The sponsor must ensure the initiative receives the necessary political and financial support, championing its objectives and defending its importance against competing corporate priorities. Their authority is the critical lubricant that enables the project machinery to function smoothly, especially when encountering the inevitable friction of organizational change.

> The sponsor’s post-award function is to transform a contractual agreement into a living, value-producing part of the organization’s strategic infrastructure.

Understanding this role requires seeing the post-award phase as a distinct and critical project in itself. This new project’s objective is the full realization of the benefits outlined in the original business case that prompted the RFP. The executive sponsor is the CEO of this value-realization project. Their duties are not passive; they are active and interventionist.

They must create and sustain the governance structures that hold both the internal team and the external vendor accountable for their commitments. This involves a deep engagement with the project’s progress, an ability to interpret performance data, and the willingness to make difficult decisions to keep the initiative aligned with its strategic intent. The role is a dynamic blend of advocacy, governance, and strategic direction, demanding a sophisticated understanding of both the organization’s internal mechanics and the vendor’s operational capabilities.

![A central mechanism of an Institutional Grade Crypto Derivatives OS with dynamically rotating arms. These translucent blue panels symbolize High-Fidelity Execution via an RFQ Protocol, facilitating Price Discovery and Liquidity Aggregation for Digital Asset Derivatives within complex Market Microstructure](https://options.greeks.live/wp-content/uploads/2025/07/prime-os-rfq-engine-for-digital-asset-derivatives-best-execution.jpg)

![A precision-engineered interface for institutional digital asset derivatives. A circular system component, perhaps an Execution Management System EMS module, connects via a multi-faceted Request for Quote RFQ protocol bridge to a distinct teal capsule, symbolizing a bespoke block trade](https://options.greeks.live/wp-content/uploads/2025/07/precision-engineered-interface-for-institutional-digital-asset-derivatives-request-for-quote-protocol-high-fidelity-execution-within-principal-operating-system.jpg)

## Strategy

![A precise metallic and transparent teal mechanism symbolizes the intricate market microstructure of a Prime RFQ. It facilitates high-fidelity execution for institutional digital asset derivatives, optimizing RFQ protocols for private quotation, aggregated inquiry, and block trade management, ensuring best execution](https://options.greeks.live/wp-content/uploads/2025/07/advanced-principal-trading-systems-driving-high-fidelity-institutional-digital-asset-derivatives-rfq-execution-protocols.jpg)

## The Framework for Value Realization

Once the contract is executed, the executive sponsor’s primary strategic imperative is to construct and oversee a robust framework for value realization. This framework is the bridge between the contractual promises of the RFP and the tangible business outcomes. It is a system of governance, relationship management, and performance oversight designed to ensure the initiative delivers its intended strategic contribution. The sponsor’s first task is to translate the high-level goals of the business case into a clear set of measurable objectives and key performance indicators (KPIs) that will govern the post-award relationship.

![A teal-colored digital asset derivative contract unit, representing an atomic trade, rests precisely on a textured, angled institutional trading platform. This suggests high-fidelity execution and optimized market microstructure for private quotation block trades within a secure Prime RFQ environment, minimizing slippage](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-protocol-execution-engine-optimization.jpg)

## Establishing the Governance Cadence

A structured governance model is the bedrock of post-award success. The sponsor does not typically manage the day-to-day interactions but is responsible for architecting the system of accountability. This involves establishing a clear cadence of reviews and a defined escalation path. The sponsor’s direct involvement is concentrated at the highest tier of this structure, the strategic business review, while ensuring that operational and tactical reviews are functioning effectively beneath it.

- **Strategic Business Reviews (Quarterly)** ▴ Chaired by the executive sponsor, this forum includes senior leadership from both the organization and the vendor. The focus is on strategic alignment, overall relationship health, long-term value creation, and resolution of systemic issues.

- **Performance Reviews (Monthly)** ▴ Led by the project or relationship manager, this meeting focuses on performance against contractual SLAs and KPIs. The sponsor may attend periodically to demonstrate engagement, but their primary role is to review the outputs and act on escalated trends or problems.

- **Operational Meetings (Weekly/Bi-Weekly)** ▴ These are the domain of the project team and their vendor counterparts. The sponsor’s role here is to ensure these meetings are happening and are productive, receiving summary reports that highlight risks or roadblocks requiring their intervention.

![Geometric shapes symbolize an institutional digital asset derivatives trading ecosystem. A pyramid denotes foundational quantitative analysis and the Principal's operational framework](https://options.greeks.live/wp-content/uploads/2025/07/digital-asset-derivatives-rfq-execution-system-microstructure.jpg)

## From Vendor to Strategic Partner

A purely transactional vendor relationship limits the potential value of the engagement. The executive sponsor is uniquely positioned to elevate the relationship to a strategic partnership. This involves cultivating a connection with their counterpart at the vendor organization, establishing a channel for open and honest communication outside of the formal governance structure. This executive-to-executive alignment is critical for navigating challenges and unlocking new opportunities.

It transforms the dynamic from one of client-supplier to one of shared interest in achieving a common set of business goals. This partnership fosters an environment where the vendor is motivated to bring proactive insights and innovations to the table, rather than simply fulfilling the letter of the contract.

> Effective sponsorship shifts the vendor dynamic from a simple service provider to a co-invested partner in achieving strategic business goals.

![A sleek, multi-segmented sphere embodies a Principal's operational framework for institutional digital asset derivatives. Its transparent 'intelligence layer' signifies high-fidelity execution and price discovery via RFQ protocols](https://options.greeks.live/wp-content/uploads/2025/07/prime-os-rfq-protocol-digital-asset-derivatives-execution-engine.jpg)

## The Duality of Risk and Change Management

Following the contract award, the executive sponsor must operate with a dual focus ▴ aggressively mitigating emergent risks while proactively championing the organizational change the new solution brings. These two functions are deeply intertwined. Successful [change management](https://prime.greeks.live/area/change-management/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) reduces internal resistance, which is a primary source of implementation risk.

![Precision-engineered metallic tracks house a textured block with a central threaded aperture. This visualizes a core RFQ execution component within an institutional market microstructure, enabling private quotation for digital asset derivatives](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-rfq-execution-framework-precision-microstructure-component.jpg)

## A Systematic Approach to Post-Award Risk

The risks shift after the contract is signed. Procurement risks are replaced by implementation and operational risks. The sponsor is accountable for ensuring a system is in place to identify, assess, and mitigate these new threats. Their direct role is to own the highest-impact risks that require executive action to resolve.

### Post-Award Risk Mitigation Framework

| Risk Category | Example Risk | Sponsor’s Strategic Role | Mitigation Action |
| --- | --- | --- | --- |
| Implementation Failure | The vendor fails to meet critical deployment milestones due to technical challenges. | Ensure project has sufficient resources and clear priorities. Use executive relationship to escalate within the vendor organization. | Authorize phased rollout; approve reallocation of internal expert resources. |
| Scope Creep | Internal teams request features and functions not included in the original contract. | Act as the gatekeeper for the original business case. Defend the agreed-upon scope against unmanaged expansion. | Enforce a formal change control process; reject changes that do not have a clear ROI and funding. |
| Poor User Adoption | Employees resist using the new system, leading to unrealized benefits. | Champion the change. Communicate the “why” behind the project and articulate the benefits for the organization and its employees. | Sponsor and fund a comprehensive training and communication plan; publicly recognize early adopters. |
| Value Leakage | The projected cost savings or revenue gains fail to materialize post-implementation. | Oversee the benefits realization plan. Demand regular reporting on value metrics, not just project milestones. | Commission a post-implementation audit; hold the business accountable for making the operational changes needed to capture value. |

![Two high-gloss, white cylindrical execution channels with dark, circular apertures and secure bolted flanges, representing robust institutional-grade infrastructure for digital asset derivatives. These conduits facilitate precise RFQ protocols, ensuring optimal liquidity aggregation and high-fidelity execution within a proprietary Prime RFQ environment](https://options.greeks.live/wp-content/uploads/2025/08/institutional-grade-execution-channels-enabling-private-quotation-and-optimal-liquidity-aggregation-for-high-fidelity-digital-asset-derivatives-rfq-protocols-on-prime-os.jpg)

## Championing the New Operational Reality

Any new significant service or technology introduces change, and change creates resistance. The sponsor is the organization’s primary change agent. Their visible and consistent support is the most important factor in overcoming inertia. This requires a deliberate and sustained communication effort, articulating the strategic vision for the project and aligning it with the company’s broader goals.

The sponsor must use their influence to remove roadblocks, whether they are political, financial, or procedural. By demonstrating unwavering commitment, the sponsor provides the necessary air cover for the project team to execute effectively and for the organization to adapt successfully.

![Abstract geometric forms depict a sophisticated RFQ protocol engine. A central mechanism, representing price discovery and atomic settlement, integrates horizontal liquidity streams](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-protocol-engine-2.jpg)

![A translucent teal layer overlays a textured, lighter gray curved surface, intersected by a dark, sleek diagonal bar. This visually represents the market microstructure for institutional digital asset derivatives, where RFQ protocols facilitate high-fidelity execution](https://options.greeks.live/wp-content/uploads/2025/07/digital-asset-derivatives-rfq-protocols-driving-optimal-execution.jpg)

## Execution

![Two sleek, pointed objects intersect centrally, forming an 'X' against a dual-tone black and teal background. This embodies the high-fidelity execution of institutional digital asset derivatives via RFQ protocols, facilitating optimal price discovery and efficient cross-asset trading within a robust Prime RFQ, minimizing slippage and adverse selection](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-prime-os-microstructure.jpg)

## The Sponsor’s Operational Playbook

The execution phase of the executive sponsor’s role is where strategic theory is forged into operational reality. It requires a disciplined, hands-on approach focused on establishing momentum, monitoring performance with rigor, and ensuring that the value promised in the RFP is meticulously harvested. This is the sponsor’s playbook for transforming a signed document into a functioning, value-generating asset.

![The image displays a sleek, intersecting mechanism atop a foundational blue sphere. It represents the intricate market microstructure of institutional digital asset derivatives trading, facilitating RFQ protocols for block trades](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-prime-os-rfq-execution.jpg)

## The First Ninety Days a Blueprint for Momentum

The period immediately following the contract award is critical. The sponsor must use this window to establish the operational rhythm and governance framework that will carry the initiative forward. Inaction can lead to a loss of momentum that is difficult to regain.

- **Conduct The Formal Kick-Off** ▴ Within two weeks of the award, the sponsor must convene and lead a formal kick-off meeting. This is a symbolic and practical event. Participants should include the internal project team, key stakeholders, and the vendor’s leadership team. The sponsor’s role is to publicly affirm the project’s strategic importance, reiterate the business objectives, and formally introduce the key leaders from both sides, setting a collaborative tone.

- **Finalize The Governance Charter** ▴ The sponsor must ratify the formal governance charter. This document codifies the meeting cadence, participants, performance scorecards, and the all-important escalation path. It should explicitly state the sponsor’s role as the final point of escalation for issues that cannot be resolved at the project level.

- **Approve The Integrated Project Plan** ▴ The sponsor reviews and provides final approval for the integrated project plan, which merges the vendor’s implementation plan with the organization’s internal readiness activities. The sponsor’s focus is not on the minutiae of the timeline but on validating the major milestones, resource commitments, and critical dependencies.

- **Establish The Executive Handshake** ▴ The sponsor must initiate a direct, one-on-one conversation with their counterpart at the vendor organization. This initial conversation establishes a private channel for strategic dialogue and dispute resolution, which is invaluable for navigating future challenges.

![A sleek, white, semi-spherical Principal's operational framework opens to precise internal FIX Protocol components. A luminous, reflective blue sphere embodies an institutional-grade digital asset derivative, symbolizing optimal price discovery and a robust liquidity pool](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-protocols-high-fidelity-execution-5.jpg)

## Performance Management beyond the Dashboard

The sponsor’s role in [performance management](https://prime.greeks.live/area/performance-management/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) is to look beyond the raw data of a dashboard and interpret the trends that signal the health of the engagement. They must ensure a system of performance management is in place that connects low-level operational metrics to high-level business value. This requires a sophisticated performance scorecard that tracks not just vendor delivery but also the organization’s success in adopting and leveraging the new capability.

> A sponsor’s focus on performance must connect tactical service level agreements to the strategic realization of business value.

The table below illustrates a tiered approach to performance metrics, showing how a sponsor can maintain a holistic view of the initiative’s health, from foundational service levels to the ultimate business impact.

### Tiered Performance And Value Scorecard

| Metric Tier | KPI Example | Target | Monthly Actual | Sponsor-Level Action |
| --- | --- | --- | --- | --- |
| Vendor SLA Compliance | System Uptime | 99.95% | 99.96% | Monitor for negative trends. No action required. |
| Project Delivery | Milestone Completion On-Time | 100% | 85% (Milestone 3 Delayed) | Request root cause analysis from project manager; discuss with vendor executive if it becomes a pattern. |
| Business Adoption | % of Target Users Actively Using System | 90% by Day 90 | 65% by Day 90 | Trigger deep-dive with change management lead; sponsor a series of “town hall” meetings to address user concerns. |
| Value Realization | Reduction in Operational Cost | $500k (Annualized) | $150k (Annualized) | Initiate a benefits realization review; hold business unit leaders accountable for process changes required to unlock savings. |

![A sleek pen hovers over a luminous circular structure with teal internal components, symbolizing precise RFQ initiation. This represents high-fidelity execution for institutional digital asset derivatives, optimizing market microstructure and achieving atomic settlement within a Prime RFQ liquidity pool](https://options.greeks.live/wp-content/uploads/2025/07/optimizing-digital-asset-derivatives-rfq-through-prime-os-precision.jpg)

## Driving the Innovation Mandate

A successful engagement delivers more than the contractually obligated services; it creates a platform for future innovation. The executive sponsor is the primary driver of this mandate. After the initial implementation has stabilized (typically after 6-9 months), the sponsor should shift a portion of their focus from pure oversight to value expansion. This involves tasking the vendor and the internal team with identifying opportunities that go beyond the original scope.

- **Innovation Workshops** ▴ The sponsor can charter and fund periodic innovation workshops, bringing together subject matter experts from both organizations to brainstorm new use cases and service enhancements.

- **Value-Added Proposals** ▴ The sponsor should encourage the vendor to proactively bring forward proposals for process improvements or new technologies that could benefit the organization, creating a culture where the vendor is rewarded for strategic thinking.

- **Piloting New Capabilities** ▴ When a promising innovation is identified, the sponsor can use their authority to sanction and fund a small-scale pilot project, creating a low-risk pathway to test new ideas before committing to a larger investment.

This proactive approach to innovation ensures that the value of the partnership continues to grow over time, maximizing the return on the initial investment and solidifying the long-term strategic importance of the relationship.

![Internal hard drive mechanics, with a read/write head poised over a data platter, symbolize the precise, low-latency execution and high-fidelity data access vital for institutional digital asset derivatives. This embodies a Principal OS architecture supporting robust RFQ protocols, enabling atomic settlement and optimized liquidity aggregation within complex market microstructure](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-precision-execution-system-microstructure.jpg)

## References

- Dolfing, Henrico. “The Vital Role of an Executive Project Sponsor and How to Play It.” 2019.

- Project Management Institute. “Executive Engagement ▴ The Role of the Sponsor.” 2011.

- PMO Global Institute Inc. “The Critical Role of Executive Sponsorship in PMO Success.” 2024.

- Responsive. “The RFP Process ▴ The Ultimate Step-by-Step Guide (2024).” 2022.

- State of Indiana. “Roles and Responsibilities.” RFP Phase 3 ▴ Award.

- KPMG. “New Zealand Project Management Survey 2010.” 2010.

- West, David. Quoted in “Executive Engagement ▴ The Role of the Sponsor.” Project Management Institute, 2011.

- Crawford, Lynn, and an anonymous senior executive. “Senior management perceptions of project management competence.” International Journal of Project Management, vol. 23, no. 1, 2005, pp. 7-16.

![A luminous digital market microstructure diagram depicts intersecting high-fidelity execution paths over a transparent liquidity pool. A central RFQ engine processes aggregated inquiries for institutional digital asset derivatives, optimizing price discovery and capital efficiency within a Prime RFQ](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-protocols-high-fidelity-execution-principal-operational-framework-price-discovery.jpg)

## Reflection

![Two abstract, segmented forms intersect, representing dynamic RFQ protocol interactions and price discovery mechanisms. The layered structures symbolize liquidity aggregation across multi-leg spreads within complex market microstructure](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-protocol-microstructure.jpg)

## The System of Continuous Value

Viewing the post-award phase through an operational lens reveals a fundamental truth ▴ the contract is not the end, but the activation of a new system. The executive sponsor’s ultimate function is to be the architect and prime mover of this system. The frameworks for governance, the protocols for performance management, and the channels for strategic partnership are all components of a larger machine designed for a single purpose ▴ the continuous extraction and creation of value. The health and performance of this system are a direct reflection of the sponsor’s engagement and strategic direction.

Consider your own organization’s post-award reality. Is there a defined system for value realization, or does it rely on the ad-hoc heroics of a project manager? Is the governance structure a tool for strategic alignment or a forum for assigning blame? The knowledge and frameworks discussed here are components of an operational intelligence system.

Integrating them into your own leadership methodology provides a structural advantage, transforming a high-stakes vendor relationship from a potential point of failure into a source of durable, evolving strategic capability. The potential is always there; the key is building the system to unlock it.

![Two intersecting technical arms, one opaque metallic and one transparent blue with internal glowing patterns, pivot around a central hub. This symbolizes a Principal's RFQ protocol engine, enabling high-fidelity execution and price discovery for institutional digital asset derivatives](https://options.greeks.live/wp-content/uploads/2025/07/principal-grade-digital-asset-derivatives-rfq-execution-engine.jpg)

## Glossary

<a href="https://prime.greeks.live/area/value-realization/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![A precision optical component stands on a dark, reflective surface, symbolizing a Price Discovery engine for Institutional Digital Asset Derivatives. This Crypto Derivatives OS element enables High-Fidelity Execution through advanced Algorithmic Trading and Multi-Leg Spread capabilities, optimizing Market Microstructure for RFQ protocols](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-optimal-execution-system-microstructure.jpg)

## Value Realization

Meaning ▴ Value Realization is the process of ensuring that an investment, project, or initiative delivers its intended benefits and achieves its strategic objectives. </a><a href="https://prime.greeks.live/area/executive-sponsor/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![Central teal-lit mechanism with radiating pathways embodies a Prime RFQ for institutional digital asset derivatives. It signifies RFQ protocol processing, liquidity aggregation, and high-fidelity execution for multi-leg spread trades, enabling atomic settlement within market microstructure via quantitative analysis](https://options.greeks.live/wp-content/uploads/2025/07/prime-os-core-for-institutional-digital-asset-rfq-protocol-execution-engine.jpg)

## Executive Sponsor

Meaning ▴ An Executive Sponsor, in the context of crypto-related projects, is a senior organizational leader who provides high-level advocacy, strategic guidance, and resource support for a specific initiative. </a><a href="https://prime.greeks.live/area/change-management/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![A transparent blue sphere, symbolizing precise Price Discovery and Implied Volatility, is central to a layered Principal's Operational Framework. This structure facilitates High-Fidelity Execution and RFQ Protocol processing across diverse Aggregated Liquidity Pools, revealing the intricate Market Microstructure of Institutional Digital Asset Derivatives](https://options.greeks.live/wp-content/uploads/2025/07/digital-asset-derivatives-rfq-execution-system-microstructure-principal-framework.jpg)

## Change Management

Meaning ▴ Within the inherently dynamic and rapidly evolving crypto ecosystem, Change Management refers to the structured and systematic approach employed by institutions to guide and facilitate the orderly transition of organizational processes, technological infrastructure, and human capital in response to significant shifts. </a><a href="https://prime.greeks.live/area/performance-management/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![Mirrored abstract components with glowing indicators, linked by an articulated mechanism, depict an institutional grade Prime RFQ for digital asset derivatives. This visualizes RFQ protocol driven high-fidelity execution, price discovery, and atomic settlement across market microstructure](https://options.greeks.live/wp-content/uploads/2025/07/prime-os-digital-asset-rfq-high-fidelity-execution-microstructure.jpg)

## Performance Management

Meaning ▴ Performance management is a systematic and continuous process of setting objectives, monitoring progress, measuring results, and providing feedback to optimize the efficiency and effectiveness of individuals, teams, systems, or investment strategies. </a>

**Tags:** [Change Management](https://options.greeks.live/area/change-management/), [Scope Creep Management](https://options.greeks.live/area/scope-creep-management/), [Post-Award Governance](https://options.greeks.live/area/post-award-governance/), [Strategic Vendor Management](https://options.greeks.live/area/strategic-vendor-management/), [Project Governance Framework](https://options.greeks.live/area/project-governance-framework/), [Value Realization](https://options.greeks.live/area/value-realization/)	

## Discover More

- 
### [What Are the Primary Drivers of High Roi Figures in Successful Regtech Implementations?](https://options.greeks.live/question/what-are-the-primary-drivers-of-high-roi-figures-in-successful-regtech-implementations/)
![A sleek green probe, symbolizing a precise RFQ protocol, engages a dark, textured execution venue, representing a digital asset derivatives liquidity pool. This signifies institutional-grade price discovery and high-fidelity execution through an advanced Prime RFQ, minimizing slippage and optimizing capital efficiency.](https://options.greeks.live/wp-content/uploads/2025/07/digital-asset-derivatives-rfq-protocol-integration-for-high-fidelity-execution-and-institutional-liquidity-aggregation-on-prime-os.jpg)

High ROI in Regtech is driven by its deep integration into a firm's data architecture, transforming compliance into a source of operational intelligence.

- 
### [How Does FIXT 1.1 Transport Independence Enhance Crypto Options RFQ Scalability?](https://options.greeks.live/question/how-does-fixt-1-1-transport-independence-enhance-crypto-options-rfq-scalability/)
![A metallic, modular trading interface with black and grey circular elements, signifying distinct market microstructure components and liquidity pools. A precise, blue-cored probe diagonally integrates, representing an advanced RFQ engine for granular price discovery and atomic settlement of multi-leg spread strategies in institutional digital asset derivatives. This optimizes capital efficiency.](https://options.greeks.live/wp-content/uploads/2025/08/institutional-digital-asset-derivatives-rfq-protocol-system-facilitating-high-fidelity-execution-price-discovery.jpg)

FIXT 1.1 transport independence scales crypto options RFQ by enabling flexible, high-performance message delivery across diverse network infrastructures.

- 
### [What Are the Most Effective Strategies for a Contractor to Mitigate the Risks Associated with Rfp Amendments?](https://options.greeks.live/question/what-are-the-most-effective-strategies-for-a-contractor-to-mitigate-the-risks-associated-with-rfp-amendments/)
![A dark, precision-engineered module with raised circular elements integrates with a smooth beige housing. It signifies high-fidelity execution for institutional RFQ protocols, ensuring robust price discovery and capital efficiency in digital asset derivatives market microstructure.](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-rfq-system-core-high-speed-price-discovery-module.jpg)

Effective RFP amendment risk mitigation integrates proactive contractual safeguards with disciplined, data-driven change control protocols.

- 
### [How Does the Integration of Risk Management into the Rfp Process Affect Long-Term Project Success?](https://options.greeks.live/question/how-does-the-integration-of-risk-management-into-the-rfp-process-affect-long-term-project-success/)
![A precision algorithmic core with layered rings on a reflective surface signifies high-fidelity execution for institutional digital asset derivatives. It optimizes RFQ protocols for price discovery, channeling dark liquidity within a robust Prime RFQ for capital efficiency.](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-engine-optimized-for-precision.jpg)

Integrating risk management into the RFP process codifies project resilience and transforms vendor selection into a predictive science.

- 
### [What Is the Optimal Weight Distribution between Price and Qualitative Factors in a Strategic RFP?](https://options.greeks.live/question/what-is-the-optimal-weight-distribution-between-price-and-qualitative-factors-in-a-strategic-rfp/)
![Intersecting opaque and luminous teal structures symbolize converging RFQ protocols for multi-leg spread execution. Surface droplets denote market microstructure granularity and slippage. This represents high-fidelity execution of institutional digital asset derivatives, optimizing price discovery and minimizing latency in dark pool environments.](https://options.greeks.live/wp-content/uploads/2025/07/rfq-protocols-for-digital-asset-derivatives-high-fidelity-execution.jpg)

The optimal RFP weight distribution is a dynamic calibration reflecting the procurement's strategic value and risk profile.

- 
### [What Defines a Criterion as ‘Critical’ within an Rfp Weighting Sensitivity Analysis?](https://options.greeks.live/question/what-defines-a-criterion-as-critical-within-an-rfp-weighting-sensitivity-analysis/)
![A sleek, metallic instrument with a central pivot and pointed arm, featuring a reflective surface and a teal band, embodies an institutional RFQ protocol. This represents high-fidelity execution for digital asset derivatives, enabling private quotation and optimal price discovery for multi-leg spread strategies within a dark pool, powered by a Prime RFQ.](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-rfq-execution-for-optimal-liquidity-discovery.jpg)

A criterion is critical if its weight has the power to pivot the final vendor selection during a sensitivity analysis.

- 
### [How Can an Organization Effectively Manage the Change Management Aspects of an Rfp to Erp Integration Project?](https://options.greeks.live/question/how-can-an-organization-effectively-manage-the-change-management-aspects-of-an-rfp-to-erp-integration-project/)
![Modular institutional-grade execution system components reveal luminous green data pathways, symbolizing high-fidelity cross-asset connectivity. This depicts intricate market microstructure facilitating RFQ protocol integration for atomic settlement of digital asset derivatives within a Principal's operational framework, underpinned by a Prime RFQ intelligence layer.](https://options.greeks.live/wp-content/uploads/2025/07/modular-high-fidelity-execution-architecture-for-institutional-digital-asset-derivatives-rfq-protocol-integration-and-principals-operational-framework-optimization.jpg)

Effective ERP change management integrates stakeholder engagement and risk mitigation into the project's core operational framework.

- 
### [How Does an Inadequate RFP Timeline Directly Increase Project Costs and Risks?](https://options.greeks.live/question/how-does-an-inadequate-rfp-timeline-directly-increase-project-costs-and-risks/)
![Sleek, abstract system interface with glowing green lines symbolizing RFQ pathways and high-fidelity execution. This visualizes market microstructure for institutional digital asset derivatives, emphasizing private quotation and dark liquidity within a Prime RFQ framework, enabling best execution and capital efficiency.](https://options.greeks.live/wp-content/uploads/2025/07/prime-os-rfq-protocol-for-institutional-digital-asset-derivatives.jpg)

An inadequate RFP timeline systemically degrades information quality, forcing a selection based on assumptions that directly manifest as cost and risk.

- 
### [Which Internal Controls Are Most Effective in Preventing the Abrupt Cancellation of a Strategically Important Rfp?](https://options.greeks.live/question/which-internal-controls-are-most-effective-in-preventing-the-abrupt-cancellation-of-a-strategically-important-rfp/)
![A central institutional Prime RFQ, showcasing intricate market microstructure, interacts with a translucent digital asset derivatives liquidity pool. An algorithmic trading engine, embodying a high-fidelity RFQ protocol, navigates this for precise multi-leg spread execution and optimal price discovery.](https://options.greeks.live/wp-content/uploads/2025/07/prime-os-rfq-protocol-navigating-digital-asset-derivative-liquidity.jpg)

A resilient RFP process is secured by a formal governance charter that codifies executive consensus and quantifies risk upfront.

---

## Raw Schema Data

```json
{
    "@context": "https://schema.org",
    "@type": "BreadcrumbList",
    "itemListElement": [
        {
            "@type": "ListItem",
            "position": 1,
            "name": "Home",
            "item": "https://options.greeks.live"
        },
        {
            "@type": "ListItem",
            "position": 2,
            "name": "Question",
            "item": "https://options.greeks.live/question/"
        },
        {
            "@type": "ListItem",
            "position": 3,
            "name": "What Is the Executive Sponsor&#8217;s Role after the Rfp Contract Has Been Awarded?",
            "item": "https://options.greeks.live/question/what-is-the-executive-sponsors-role-after-the-rfp-contract-has-been-awarded/"
        }
    ]
}
```

```json
{
    "@context": "https://schema.org",
    "@type": "Organization",
    "@id": "https://greeks.live/#organization",
    "name": "Greeks.Live",
    "url": "https://greeks.live/",
    "description": "Greeks.live is the definitive toolkit for the professional options trader, dedicated to empowering our users with institutional-grade data, advanced analytics, and a comprehensive suite of trading tools designed to provide a decisive edge in the market. Every article and guide published under the Greeks.live name is a product of our deep commitment to data-driven analysis and our mission to support the global trading community.",
    "email": "support@greeks.live",
    "logo": {
        "@type": "ImageObject",
        "url": "https://options.greeks.live/wp-content/uploads/2025/07/Greeks.Live-Logo-Icon.svg"
    },
    "hasPart": [
        {
            "@type": "WebSite",
            "name": "About Us",
            "url": "https://about.greeks.live"
        },
        {
            "@type": "WebSite",
            "name": "App Download Page",
            "url": "https://about.greeks.live/#/download/basic_trade"
        },
        {
            "@type": "WebSite",
            "name": "Newcomers' Guide",
            "url": "https://twisty-sign-c8b.notion.site/Guide-for-Greeks-live-X-Deribit-Newbies-5a08a3052822427d800af6eaf3704c8d"
        },
        {
            "@type": "WebSite",
            "name": "Knowledge Base",
            "url": "https://linktr.ee/greeks.live"
        },
        {
            "@type": "WebSite",
            "name": "Option Terminology",
            "url": "https://greekslive.notion.site/88dfc00e7c584d4d8969b6302a79a12f?pvs=4"
        },
        {
            "@type": "WebSite",
            "name": "Terms of Service",
            "url": "https://greeks.live/#/tos"
        },
        {
            "@type": "WebSite",
            "name": "Disclaimer",
            "url": "https://greeks.live/#/disclaimer"
        }
    ],
    "sameAs": [
        "https://x.com/greekslive",
        "https://youtube.com/@greeks_live?si=-KjT0Lkw4WUCI0tD",
        "https://t.me/greekslive_notifications",
        "https://t.me/greekslive",
        "https://pinterest.com/greekslive/"
    ],
    "makesOffer": [
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "RFQ Platform",
                "url": "https://rfq.greeks.live",
                "description": "Execute institutional-grade block trades for crypto options and futures. This platform provides deep, over-the-counter (OTC) liquidity via a professional Request for Quote system.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Lending Tools",
                "url": "https://lend.greeks.live",
                "description": "Manage crypto lending and borrowing activities to earn yield or secure loans. This suite of tools helps users analyze interest rates and manage collateralized debt positions.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Data Lab",
                "url": "https://greeks.live/#/deribit/tools/datalab/BTC",
                "description": "Analyze historical and real-time options data with advanced metrics. This tool is designed for backtesting strategies and identifying market trends through comprehensive data visualization.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Profit & Loss Analysis (PnL)",
                "url": "https://greeks.live/#/deribit/tools/pnl_analysis",
                "description": "Track and analyze the Profit and Loss (PnL) of your options portfolio. This tool provides detailed performance metrics to help traders evaluate and refine their strategies.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Position Visualization",
                "url": "https://greeks.live/#/deribit/tools/pv/BTC",
                "description": "Visualize complex options positions and their corresponding risk profiles. This tool generates payoff diagrams to help traders intuitively understand potential profit, loss, and exposure.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Options Calculator",
                "url": "https://greeks.live/#/deribit/tools/calculator",
                "description": "Calculate the theoretical price and risk parameters ('the Greeks') of crypto options. An essential tool for pricing new trades and analyzing the sensitivity of existing positions.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Greeks.live Main Platform",
                "url": "https://greeks.live/",
                "description": "The central hub for the Greeks.live suite of professional cryptocurrency options and derivatives trading tools. Access analytics, manage positions, and explore the ecosystem.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Community Forum",
                "url": "https://t.greeks.live",
                "description": "Join the official Greeks.live community. Connect with other traders, share insights, and receive the latest updates directly from the team.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Greeks.live for Deribit",
                "url": "http://deribit.greeks.live",
                "description": "A dedicated interface for trading on the Deribit exchange. This platform leverages Greeks.live's advanced analytics and tools specifically for users of Deribit's options and futures markets.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Greeks.live for OKX",
                "url": "http://okx.greeks.live",
                "description": "A dedicated interface for trading on the OKX exchange. This platform integrates Greeks.live's powerful analytics with the OKX marketplace, focusing on its options and derivatives products.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "GLVS.AI Trading Platform",
                "url": "https://www.glvs.ai/",
                "description": "An AI-powered platform for automated crypto options trading. Leverage advanced algorithms and data-driven signals to develop and deploy sophisticated, hands-free trading strategies.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "API Testnet & Sandbox",
                "url": "https://test.greeks.live",
                "description": "A dedicated testnet environment for developers to test their API integrations and automated trading strategies. This sandbox allows for full functionality testing without risking real funds.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        }
    ],
    "subOrganization": [
        {
            "@type": "Organization",
            "name": "GreeksLive HK Co., Limited",
            "email": "support@greeks.live",
            "telephone": "+852-56418949",
            "address": {
                "@type": "PostalAddress",
                "streetAddress": "Unit 11, 27/F, K. Wah Centre, 191 Java Road",
                "addressLocality": "Hong Kong",
                "addressRegion": "North Point",
                "addressCountry": "CN",
                "postalCode": "0000"
            },
            "geo": {
                "@type": "GeoCoordinates",
                "latitude": "22.2932357",
                "longitude": "114.2022026"
            },
            "image": "https://options.greeks.live/wp-content/uploads/2025/08/Wah-Centre-Hong-Kong.jpg"
        }
    ]
}
```

```json
{
    "@context": "https://schema.org",
    "@type": "Article",
    "mainEntityOfPage": {
        "@type": "WebPage",
        "@id": "https://options.greeks.live/question/what-is-the-executive-sponsors-role-after-the-rfp-contract-has-been-awarded/"
    },
    "headline": "What Is the Executive Sponsor's Role after the Rfp Contract Has Been Awarded? \u25b4 Question",
    "description": "The executive sponsor's post-award role is to architect and drive the operational system that transforms a contract into realized strategic value. \u25b4 Question",
    "url": "https://options.greeks.live/question/what-is-the-executive-sponsors-role-after-the-rfp-contract-has-been-awarded/",
    "datePublished": "2025-08-08T16:55:54+00:00",
    "dateModified": "2025-10-29T12:16:19+00:00",
    "articleSection": [
        "Question"
    ],
    "author": {
        "@id": "https://greeks.live/#organization"
    },
    "publisher": {
        "@id": "https://greeks.live/#organization"
    },
    "image": {
        "@type": "ImageObject",
        "url": "https://options.greeks.live/wp-content/uploads/2025/07/modular-high-fidelity-execution-architecture-for-institutional-digital-asset-derivatives-rfq-protocol-integration-and-principals-operational-framework-optimization.jpg",
        "caption": "This image portrays a modular institutional-grade execution system, its components revealing intricate internal structures and luminous green data pathways. It symbolizes the precise market microstructure and high-fidelity execution crucial for RFQ protocol integration in Digital Asset Derivatives trading. This highlights a Principal's operational framework optimized for capital efficiency, enabling atomic settlement and seamless multi-leg spread orchestration via an advanced Prime RFQ, ensuring best execution across latent liquidity pools, mitigating counterparty risk."
    },
    "keywords": [
        "Benefits Realization",
        "Change Management",
        "Change Management Leadership",
        "Executive Sponsor",
        "Executive Sponsorship",
        "KPI Scorecard",
        "Performance Management",
        "Post-Award Governance",
        "Project Governance Framework",
        "Project Management",
        "RFP Implementation",
        "Risk Mitigation",
        "Scope Creep Management",
        "Service Level Agreement (SLA)",
        "Stakeholder Engagement",
        "Strategic Vendor Management",
        "Value Realization"
    ]
}
```

```json
{
    "@context": "https://schema.org",
    "@type": "WebSite",
    "url": "https://options.greeks.live/",
    "potentialAction": {
        "@type": "SearchAction",
        "target": "https://options.greeks.live/?s=search_term_string",
        "query-input": "required name=search_term_string"
    }
}
```


---

**Original URL:** https://options.greeks.live/question/what-is-the-executive-sponsors-role-after-the-rfp-contract-has-been-awarded/
