# What Quantitative Metrics Best Indicate the Health of an Rfp Steering Committee? ▴ Question

**Published:** 2025-08-09
**Categories:** Question

---

![A close-up of a sophisticated, multi-component mechanism, representing the core of an institutional-grade Crypto Derivatives OS. Its precise engineering suggests high-fidelity execution and atomic settlement, crucial for robust RFQ protocols, ensuring optimal price discovery and capital efficiency in multi-leg spread trading](https://options.greeks.live/wp-content/uploads/2025/07/precision-rfq-engine-for-institutional-digital-asset-derivatives.jpg)

![A sophisticated RFQ engine module, its spherical lens observing market microstructure and reflecting implied volatility. This Prime RFQ component ensures high-fidelity execution for institutional digital asset derivatives, enabling private quotation for block trades](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-engine-for-best-execution-protocol.jpg)

## Concept

An [RFP Steering Committee](https://prime.greeks.live/area/rfp-steering-committee/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) functions as the central nervous system for an organization’s procurement and [strategic sourcing](https://prime.greeks.live/area/strategic-sourcing/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) operations. Its health is a direct proxy for the institution’s ability to make sound, defensible, and value-accretive acquisition decisions. Viewing this committee through a quantitative lens allows an organization to move beyond subjective assessments of its performance and into a data-driven paradigm of governance.

The metrics that indicate its vitality are not merely administrative data points; they are leading indicators of operational efficiency, risk management, and strategic alignment. A robust measurement framework transforms the committee’s function from a procedural checkpoint into a dynamic control system, one that actively shapes procurement outcomes rather than passively approving them.

The core purpose of quantifying the committee’s health is to create a feedback loop that drives continuous improvement. Without objective measures, biases can take root, decision-making can become inconsistent, and the true cost of the procurement cycle remains obscured. Quantitative metrics provide an impartial basis for evaluating the committee’s impact on the entire RFP lifecycle, from initial sourcing strategy to final contract award and subsequent [vendor performance](https://prime.greeks.live/question/what-is-the-relationship-between-an-rfps-price-weighting-and-long-term-vendor-performance/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite).

This analytical approach allows leadership to diagnose systemic issues, identify bottlenecks, and validate that the committee’s decisions are consistently reinforcing the organization’s overarching financial and strategic objectives. It establishes a clear, unambiguous language for discussing performance and holds the committee accountable for tangible results.

![A sophisticated teal and black device with gold accents symbolizes a Principal's operational framework for institutional digital asset derivatives. It represents a high-fidelity execution engine, integrating RFQ protocols for atomic settlement](https://options.greeks.live/wp-content/uploads/2025/08/institutional-digital-asset-derivatives-rfq-protocol-core-engine-for-best-execution.jpg)

![Sleek metallic panels expose a circuit board, its glowing blue-green traces symbolizing dynamic market microstructure and intelligence layer data flow. A silver stylus embodies a Principal's precise interaction with a Crypto Derivatives OS, enabling high-fidelity execution via RFQ protocols for institutional digital asset derivatives](https://options.greeks.live/wp-content/uploads/2025/08/institutional-digital-asset-derivatives-rfq-protocol-microstructure-os.jpg)

## Strategy

A strategic approach to measuring the health of an RFP [Steering Committee](https://prime.greeks.live/question/what-is-the-role-of-a-steering-committee-in-the-rfp-process/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) involves categorizing metrics across three critical dimensions ▴ [Process Efficiency](https://prime.greeks.live/question/what-are-the-key-performance-indicators-for-measuring-rfq-process-efficiency/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite), Decision Quality, and Strategic Impact. This tiered framework ensures a holistic assessment, balancing the operational mechanics of the committee with its ultimate contribution to the organization’s goals. Each dimension provides a different lens through which to evaluate performance, creating a comprehensive and multi-faceted view of the committee’s overall health.

> A healthy steering committee is evidenced by a demonstrable correlation between its decisions and the organization’s strategic procurement outcomes.

![A multi-layered, circular device with a central concentric lens. It symbolizes an RFQ engine for precision price discovery and high-fidelity execution](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-protocol-engine-for-precision-execution.jpg)

## Process Efficiency Metrics

Process Efficiency metrics focus on the operational tempo and resource consumption of the steering committee itself. These are foundational indicators that measure the friction and velocity of the governance process. A committee burdened by inefficient processes cannot be expected to make timely and effective decisions.

Key metrics in this category assess the speed, timeliness, and resource intensity of the committee’s activities. They provide insight into the mechanics of the committee’s operations, highlighting areas where procedural drag may be hindering its effectiveness.

- **[Decision Velocity](https://prime.greeks.live/area/decision-velocity/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite)** ▴ This metric tracks the average time elapsed from the moment an issue or decision point is presented to the committee to the moment a final decision is rendered. It is a direct measure of the committee’s agility and its ability to avoid becoming a bottleneck.

- **[Meeting Efficiency Ratio](https://prime.greeks.live/area/meeting-efficiency-ratio/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite)** ▴ Calculated by dividing the number of substantive decisions made by the total duration of meetings over a given period. This ratio helps to quantify the productivity of the committee’s time and encourages a focus on decision-making over protracted discussion.

- **Agenda Item Resolution Rate** ▴ This measures the percentage of agenda items that are fully resolved within the meeting in which they are first introduced. A low resolution rate may indicate a lack of preparedness, unclear decision-making authority, or a need for more focused pre-meeting briefings.

![A dark, reflective surface features a segmented circular mechanism, reminiscent of an RFQ aggregation engine or liquidity pool. Specks suggest market microstructure dynamics or data latency](https://options.greeks.live/wp-content/uploads/2025/07/digital-asset-options-rfq-execution-microstructure-prime-os.jpg)

## Decision Quality Metrics

[Decision Quality](https://prime.greeks.live/question/how-does-a-two-stage-rfp-evaluation-process-improve-decision-quality-and-vendor-relationships/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) metrics shift the focus from the speed of decisions to their substance and consistency. These indicators attempt to quantify the rigor, objectivity, and defensibility of the committee’s choices. High-quality decisions are characterized by their alignment with predefined evaluation criteria, their consistency over time, and their ability to withstand scrutiny. [These metrics](https://prime.greeks.live/question/what-are-the-core-quantitative-metrics-used-to-measure-execution-quality-under-these-frameworks/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) are crucial for ensuring that the committee is not just making fast decisions, but making the right decisions.

Assessing decision quality requires a structured approach to data capture during the RFP evaluation process. It involves analyzing the inputs to the committee’s decisions and the degree of consensus or variance in those inputs. These metrics provide a window into the cognitive and behavioral health of the committee, revealing potential biases or inconsistencies in its evaluation process.

### Decision Quality Indicator Framework

| Metric | Description | Formula / Method of Measurement | Indication of Health |
| --- | --- | --- | --- |
| Evaluation Score Variance | Measures the degree of dispersion in scores assigned by individual committee members to the same proposal. | Standard deviation of scores for a specific proposal or vendor. | Low variance suggests strong alignment on evaluation criteria and a consistent application of standards. High variance may indicate ambiguous criteria or subjective biases. |
| Alignment to Business Case | Assesses the degree to which final vendor selections align with the financial and strategic objectives outlined in the original business case for the RFP. | A qualitative score (e.g. 1-5) assigned by an independent reviewer, or a quantitative check against key business case parameters (e.g. projected ROI, cost savings). | A high score indicates that the committee is maintaining fidelity to the strategic intent of the procurement exercise. |
| Risk Mitigation Index | Quantifies the extent to which the committee’s final decision mitigates identified risks (e.g. financial, operational, security). | (Number of identified risks addressed in the final selected proposal) / (Total number of identified risks). | A high index demonstrates a thorough and risk-aware decision-making process. |

![Abstract geometric forms in muted beige, grey, and teal represent the intricate market microstructure of institutional digital asset derivatives. Sharp angles and depth symbolize high-fidelity execution and price discovery within RFQ protocols, highlighting capital efficiency and real-time risk management for multi-leg spreads on a Prime RFQ platform](https://options.greeks.live/wp-content/uploads/2025/07/prime-os-optimized-rfq-execution-for-digital-asset-derivatives.jpg)

## Strategic Impact Metrics

[Strategic Impact](https://prime.greeks.live/question/what-is-the-strategic-impact-of-predictive-analytics-on-capital-efficiency-in-post-trade-operations/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) metrics represent the highest level of performance measurement, linking the committee’s activities directly to the organization’s broader business outcomes. These are lagging indicators that provide the ultimate validation of the committee’s health and effectiveness. They answer the fundamental question ▴ Is the steering committee facilitating procurement decisions that create tangible value and competitive advantage for the organization?

Tracking these metrics often requires collaboration with finance, operations, and other business units to connect the dots between a specific RFP decision and its downstream consequences. While more complex to measure, these indicators are the most powerful demonstration of the committee’s strategic contribution.

- **Realized vs. Projected Value** ▴ This metric compares the actual cost savings, revenue generation, or other value metrics realized from a selected vendor against the projections made during the RFP process. A close correlation indicates an accurate and reliable evaluation process.

- **[Vendor Performance Correlation](https://prime.greeks.live/area/vendor-performance-correlation/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite)** ▴ This involves tracking the performance of selected vendors against the scores they received from the steering committee. A strong positive correlation validates the committee’s ability to identify and select high-performing partners.

- **Innovation Contribution Score** ▴ A qualitative or quantitative rating of the degree to which selected vendors introduce new technologies, processes, or capabilities to the organization, as judged by the relevant business units. This measures the committee’s role in driving innovation.

![Precision metallic mechanism with a central translucent sphere, embodying institutional RFQ protocols for digital asset derivatives. This core represents high-fidelity execution within a Prime RFQ, optimizing price discovery and liquidity aggregation for block trades, ensuring capital efficiency and atomic settlement](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-prime-os-execution-hub.jpg)

![An intricate, transparent digital asset derivatives engine visualizes market microstructure and liquidity pool dynamics. Its precise components signify high-fidelity execution via FIX Protocol, facilitating RFQ protocols for block trade and multi-leg spread strategies within an institutional-grade Prime RFQ](https://options.greeks.live/wp-content/uploads/2025/07/prime-os-digital-asset-derivatives-rfq-liquidity-ecosystem.jpg)

## Execution

Executing a quantitative measurement program for an RFP Steering Committee requires a disciplined, systematic approach to data collection, analysis, and reporting. The objective is to embed these metrics into the committee’s operating rhythm, making performance measurement an integral part of its governance function. This involves establishing clear data sources, defining standardized calculation methods, and creating a reporting cadence that provides actionable insights to both the [committee members](https://prime.greeks.live/question/how-can-clearing-members-best-prepare-themselves-to-participate-effectively-in-a-default-management-committee/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) and executive leadership.

> The systematic execution of a metrics program transforms committee oversight from a qualitative art into a quantitative science.

![Abstract spheres and a translucent flow visualize institutional digital asset derivatives market microstructure. It depicts robust RFQ protocol execution, high-fidelity data flow, and seamless liquidity aggregation](https://options.greeks.live/wp-content/uploads/2025/07/precision-market-microstructure-for-institutional-digital-asset-derivatives-leveraging-rfq-protocols-and-atomic-settlement-across-prime-os.jpg)

## Implementing a Metrics Dashboard

The cornerstone of execution is the development of a centralized metrics dashboard. This tool should serve as the single source of truth for the committee’s performance, providing a clear and concise visualization of its health across the three key dimensions of Process Efficiency, Decision Quality, and Strategic Impact. The [dashboard should](https://prime.greeks.live/question/beyond-win-rates-what-key-performance-indicators-should-be-tracked-within-an-integrated-rfp-and-crm-analytics-dashboard/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) be reviewed as a standing agenda item in every committee meeting to foster a culture of accountability and continuous improvement.

![Translucent teal glass pyramid and flat pane, geometrically aligned on a dark base, symbolize market microstructure and price discovery within RFQ protocols for institutional digital asset derivatives. This visualizes multi-leg spread construction, high-fidelity execution via a Principal's operational framework, ensuring atomic settlement for latent liquidity](https://options.greeks.live/wp-content/uploads/2025/07/transparent-geometric-structures-visualizing-multi-leg-spread-rfq-protocols-for-high-fidelity-institutional-digital-asset-derivatives-execution.jpg)

## Dashboard Design Principles

- **Clarity and Simplicity** ▴ The dashboard should present a high-level summary of key metrics on its main screen, with the ability to drill down into more detailed data for each indicator. Avoid clutter and information overload.

- **Trend Analysis** ▴ For each metric, the dashboard should display not just the current value but also the historical trend (e.g. month-over-month, quarter-over-quarter). This provides context and helps to identify performance patterns over time.

- **Target Setting** ▴ Every metric should have a clearly defined target or acceptable range. The dashboard should use visual cues (e.g. red, yellow, green) to indicate performance against these targets, allowing for rapid identification of areas requiring attention.

![A sleek metallic device with a central translucent sphere and dual sharp probes. This symbolizes an institutional-grade intelligence layer, driving high-fidelity execution for digital asset derivatives](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-execution-platform-precision.jpg)

## Detailed Metric Calculation and Data Sourcing

To ensure the integrity and credibility of the measurement program, each metric must be supported by a precise definition, a standardized formula, and a clearly identified data source. This rigor is essential for producing consistent and defensible performance data.

### RFP Steering Committee Metrics Execution Plan

| Metric | Category | Formula | Data Source(s) | Reporting Frequency |
| --- | --- | --- | --- | --- |
| Decision Velocity | Process Efficiency | Average (Date of Decision – Date of Presentation) for all agenda items. | Meeting minutes; Committee charter and records. | Monthly |
| Meeting Efficiency Ratio | Process Efficiency | (Total Number of Decisions Made) / (Total Meeting Hours) | Meeting minutes; Time tracking software. | Monthly |
| Evaluation Score Variance | Decision Quality | Standard Deviation of scores from all committee members for a given RFP. | RFP management software; Scoring sheets. | Per RFP |
| Alignment to Business Case | Decision Quality | Score (1-5) based on independent review of final contract vs. original business case. | Business case documents; Final contracts. | Per RFP |
| Realized vs. Projected Value | Strategic Impact | (Actual Value Realized) / (Projected Value in Winning Proposal) | Financial reports; Vendor performance data. | Quarterly |
| Vendor Performance Correlation | Strategic Impact | Correlation coefficient between committee evaluation scores and post-award vendor performance ratings. | RFP scoring data; Vendor management system. | Annually |

![Two dark, circular, precision-engineered components, stacked and reflecting, symbolize a Principal's Operational Framework. This layered architecture facilitates High-Fidelity Execution for Block Trades via RFQ Protocols, ensuring Atomic Settlement and Capital Efficiency within Market Microstructure for Digital Asset Derivatives](https://options.greeks.live/wp-content/uploads/2025/08/institutional-digital-asset-derivatives-prime-os-execution-protocol.jpg)

## The Governance Rhythm and Continuous Improvement Cycle

The execution of the metrics program is not a one-time setup. It requires an ongoing cycle of review, analysis, and action. This governance rhythm ensures that the insights generated by the metrics are translated into tangible improvements in the committee’s performance.

![Precision instruments, resembling calibration tools, intersect over a central geared mechanism. This metaphor illustrates the intricate market microstructure and price discovery for institutional digital asset derivatives](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-rfq-execution-engine-microstructure-analytics.jpg)

## The Monthly Performance Review

The committee should dedicate a portion of its monthly meeting to a review of the metrics dashboard. This review should be structured to answer three key questions:

- **What does the data say?** A factual recitation of the performance against targets for each key metric.

- **Why is this happening?** A diagnostic discussion to understand the root causes behind any underperforming metrics. This may involve a deeper dive into the underlying data or a qualitative discussion among committee members.

- **What are we going to do about it?** The formulation of specific, time-bound action plans to address any identified performance gaps. These action plans should be assigned to specific individuals and tracked for completion in subsequent meetings.

This structured, data-driven approach to self-assessment is the hallmark of a healthy, high-performing RFP Steering Committee. It transforms the committee from a group of individuals into a self-correcting system, continuously refining its processes and improving the quality of its decisions in service of the organization’s strategic objectives.

![A layered, spherical structure reveals an inner metallic ring with intricate patterns, symbolizing market microstructure and RFQ protocol logic. A central teal dome represents a deep liquidity pool and precise price discovery, encased within robust institutional-grade infrastructure for high-fidelity execution](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-prime-os-orchestrating-rfq-protocols-for-high-fidelity-execution-and-multi-asset-liquidity.jpg)

## References

- Harrin, Elizabeth. “How you will measure Benefit / Success of Project Steering Committees being held.” ProjectManagement.com, 29 Mar. 2016.

- Loopio. “RFP Metrics That Matter (An Insider’s Guide to Success).” Loopio, 2023.

- QorusDocs. “RFP Metrics to Step Up Your RFP Response Game.” QorusDocs, 15 Aug. 2024.

- RFPVerse. “How Do We Measure the Success of Our Bid Proposals? Evaluating Key Metrics for Winning Strategies.” RFPVerse, 2024.

- Responsive. “9 key RFP metrics for minimizing risk and enhancing efficiency.” Responsive, 10 Mar. 2021.

- Kerzner, Harold. “Project Management Metrics, KPIs, and Dashboards ▴ A Guide to Measuring and Monitoring Project Performance.” John Wiley & Sons, 2017.

- Project Management Institute. “A Guide to the Project Management Body of Knowledge (PMBOK® Guide).” 7th Edition, Project Management Institute, 2021.

- Slack, Nigel, et al. “Operations Management.” 9th Edition, Pearson, 2019.

- Kaplan, Robert S. and David P. Norton. “The Balanced Scorecard ▴ Translating Strategy into Action.” Harvard Business Press, 1996.

![A metallic precision tool rests on a circuit board, its glowing traces depicting market microstructure and algorithmic trading. A reflective disc, symbolizing a liquidity pool, mirrors the tool, highlighting high-fidelity execution and price discovery for institutional digital asset derivatives via RFQ protocols and Principal's Prime RFQ](https://options.greeks.live/wp-content/uploads/2025/08/institutional-digital-asset-derivatives-rfq-protocols-driving-high-fidelity-execution-and-market-microstructure-optimization-via-principal-prime-os.jpg)

## Reflection

![A precise geometric prism reflects on a dark, structured surface, symbolizing institutional digital asset derivatives market microstructure. This visualizes block trade execution and price discovery for multi-leg spreads via RFQ protocols, ensuring high-fidelity execution and capital efficiency within Prime RFQ](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-protocols-precision-execution.jpg)

## From Measurement to Mastery

The implementation of a quantitative framework for evaluating an RFP Steering Committee is a significant step toward operational excellence. It provides a language of performance and a mechanism for accountability. The true mastery of this system, however, lies not in the passive observation of dashboards, but in the active interpretation of the data as a cohesive narrative about the organization’s decision-making culture. These metrics are the vital signs of a complex system.

Their fluctuations and interdependencies reveal the deeper story of how an organization allocates its resources, manages its risks, and pursues its strategic ambitions. The ultimate value of this quantitative lens is its ability to empower the committee to move beyond simply governing the procurement process and toward architecting a genuine strategic advantage.

![A central glowing core within metallic structures symbolizes an Institutional Grade RFQ engine. This Intelligence Layer enables optimal Price Discovery and High-Fidelity Execution for Digital Asset Derivatives, streamlining Block Trade and Multi-Leg Spread Atomic Settlement](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-engine-microstructure-core.jpg)

## Glossary

<a href="https://prime.greeks.live/area/rfp-steering-committee/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![A crystalline droplet, representing a block trade or liquidity pool, rests precisely on an advanced Crypto Derivatives OS platform. Its internal shimmering particles signify aggregated order flow and implied volatility data, demonstrating high-fidelity execution and capital efficiency within market microstructure, facilitating private quotation via RFQ protocols](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-prime-os-rfq-protocol-best-execution.jpg)

## Rfp Steering Committee

Meaning ▴ An RFP Steering Committee represents a formalized, cross-functional governance body within an institutional framework, specifically tasked with orchestrating the Request for Proposal process for significant technology acquisitions. </a><a href="https://prime.greeks.live/area/strategic-sourcing/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![Abstract layers and metallic components depict institutional digital asset derivatives market microstructure. They symbolize multi-leg spread construction, robust FIX Protocol for high-fidelity execution, and private quotation](https://options.greeks.live/wp-content/uploads/2025/07/prime-os-digital-asset-derivatives-rfq-protocol-high-fidelity-execution.jpg)

## Strategic Sourcing

Meaning ▴ Strategic Sourcing, within the domain of institutional digital asset derivatives, denotes a disciplined, systematic methodology for identifying, evaluating, and engaging with external providers of critical services and infrastructure. </a><a href="https://prime.greeks.live/question/what-is-the-relationship-between-an-rfps-price-weighting-and-long-term-vendor-performance/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![A futuristic system component with a split design and intricate central element, embodying advanced RFQ protocols. This visualizes high-fidelity execution, precise price discovery, and granular market microstructure control for institutional digital asset derivatives, optimizing liquidity provision and minimizing slippage](https://options.greeks.live/wp-content/uploads/2025/07/advanced-rfq-protocols-for-digital-asset-derivatives-price-discovery.jpg)

## Vendor Performance

An RFP's price weighting is a control system that dictates whether you acquire a low-cost commodity or a long-term strategic asset. </a><a href="https://prime.greeks.live/question/what-is-the-role-of-a-steering-committee-in-the-rfp-process/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![A complex, multi-faceted crystalline object rests on a dark, reflective base against a black background. This abstract visual represents the intricate market microstructure of institutional digital asset derivatives](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-prime-os-execution-architecture.jpg)

## Steering Committee

The steering committee provides strategic governance and decision-making authority to ensure the RFP process aligns with enterprise objectives. </a><a href="https://prime.greeks.live/question/what-are-the-key-performance-indicators-for-measuring-rfq-process-efficiency/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![A reflective disc, symbolizing a Prime RFQ data layer, supports a translucent teal sphere with Yin-Yang, representing Quantitative Analysis and Price Discovery for Digital Asset Derivatives. A sleek mechanical arm signifies High-Fidelity Execution and Algorithmic Trading via RFQ Protocol, within a Principal's Operational Framework](https://options.greeks.live/wp-content/uploads/2025/07/precision-execution-digital-asset-derivatives-rfq-protocols-principal-trading-infrastructure-automated-liquidity-aggregation-intelligence-layer.jpg)

## Process Efficiency

Measuring RFQ efficiency is the systemic quantification of execution quality, counterparty performance, and information risk. </a><a href="https://prime.greeks.live/area/decision-velocity/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![A sleek, segmented cream and dark gray automated device, depicting an institutional grade Prime RFQ engine. It represents precise execution management system functionality for digital asset derivatives, optimizing price discovery and high-fidelity execution within market microstructure](https://options.greeks.live/wp-content/uploads/2025/07/prime-os-rfq-engine-optimal-institutional-digital-asset-execution-system.jpg)

## Decision Velocity

Meaning ▴ Decision Velocity quantifies the rate at which an institutional entity processes incoming market data, formulates an actionable response, and executes a trade or risk management operation within a dynamic financial environment. </a><a href="https://prime.greeks.live/area/meeting-efficiency-ratio/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![A precisely engineered system features layered grey and beige plates, representing distinct liquidity pools or market segments, connected by a central dark blue RFQ protocol hub. Transparent teal bars, symbolizing multi-leg options spreads or algorithmic trading pathways, intersect through this core, facilitating price discovery and high-fidelity execution of digital asset derivatives via an institutional-grade Prime RFQ](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-protocol-engine-facilitating-high-fidelity-multi-leg-options-spread-execution-best-price-discovery-and-latent-liquidity-access-for-prime-brokerage.jpg)

## Meeting Efficiency Ratio

Meaning ▴ The Meeting Efficiency Ratio quantifies the effectiveness of collaborative sessions by measuring the tangible, actionable outcomes generated against the total resources invested, typically encompassing participant time, allocated budget, and preparatory effort. </a><a href="https://prime.greeks.live/question/how-does-a-two-stage-rfp-evaluation-process-improve-decision-quality-and-vendor-relationships/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![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)

## Decision Quality

A two-stage RFP improves decision quality and vendor relationships by separating technical and financial evaluations. </a><a href="https://prime.greeks.live/question/what-are-the-core-quantitative-metrics-used-to-measure-execution-quality-under-these-frameworks/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![A metallic cylindrical component, suggesting robust Prime RFQ infrastructure, interacts with a luminous teal-blue disc representing a dynamic liquidity pool for digital asset derivatives. A precise golden bar diagonally traverses, symbolizing an RFQ-driven block trade path, enabling high-fidelity execution and atomic settlement within complex market microstructure for institutional grade operations](https://options.greeks.live/wp-content/uploads/2025/07/precision-execution-protocols-navigating-digital-asset-derivatives-market-microstructure-for-optimal-block-trade-liquidity.jpg)

## These Metrics

Core execution metrics quantify the friction and information leakage between an investment decision and its final implementation. </a><a href="https://prime.greeks.live/question/what-is-the-strategic-impact-of-predictive-analytics-on-capital-efficiency-in-post-trade-operations/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![A modular, institutional-grade device with a central data aggregation interface and metallic spigot. This Prime RFQ represents a robust RFQ protocol engine, enabling high-fidelity execution for institutional digital asset derivatives, optimizing capital efficiency and best execution](https://options.greeks.live/wp-content/uploads/2025/08/principals-institutional-digital-asset-derivatives-prime-os-for-optimized-rfq-protocol-best-execution-system.jpg)

## Strategic Impact

Predictive analytics transforms post-trade operations from a reactive cost center to a proactive driver of capital efficiency. </a><a href="https://prime.greeks.live/area/vendor-performance-correlation/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![Intersecting muted geometric planes, with a central glossy blue sphere. This abstract visualizes market microstructure for institutional digital asset derivatives](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-execution-microstructure-5.jpg)

## Vendor Performance Correlation

Meaning ▴ Vendor Performance Correlation quantifies the statistical relationship between the operational or execution metrics of different service providers within a digital asset trading ecosystem, illustrating how the performance of one vendor co-varies with another or with specific market variables. </a><a href="https://prime.greeks.live/question/how-can-clearing-members-best-prepare-themselves-to-participate-effectively-in-a-default-management-committee/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![A cutaway view reveals an advanced RFQ protocol engine for institutional digital asset derivatives. Intricate coiled components represent algorithmic liquidity provision and portfolio margin calculations](https://options.greeks.live/wp-content/uploads/2025/07/prime-os-rfq-protocol-engine-digital-asset-derivatives-core-internal-mechanism-visualized.jpg)

## Committee Members

Effective DMC participation requires building a dedicated internal response team, advanced analytical systems, and a clear governance framework. </a><a href="https://prime.greeks.live/question/beyond-win-rates-what-key-performance-indicators-should-be-tracked-within-an-integrated-rfp-and-crm-analytics-dashboard/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![A precision-engineered RFQ protocol engine, its central teal sphere signifies high-fidelity execution for digital asset derivatives. This module embodies a Principal's dedicated liquidity pool, facilitating robust price discovery and atomic settlement within optimized market microstructure, ensuring best execution](https://options.greeks.live/wp-content/uploads/2025/08/institutional-rfq-engine-for-digital-asset-derivatives-best-execution.jpg)

## Dashboard Should

An integrated RFP-CRM dashboard provides a systemic intelligence layer to optimize the entire revenue acquisition lifecycle. </a>

**Tags:** [Business Case](https://options.greeks.live/area/business-case/), [Vendor Performance Correlation](https://options.greeks.live/area/vendor-performance-correlation/), [Quantitative Performance Metrics](https://options.greeks.live/area/quantitative-performance-metrics/), [Procurement Analytics](https://options.greeks.live/area/procurement-analytics/), [Strategic Sourcing](https://options.greeks.live/area/strategic-sourcing/), [Risk Mitigation Index](https://options.greeks.live/area/risk-mitigation-index/)	

## Discover More

- 
### [What Specific Language Should Be Included in an Rfp Document to Reserve the Right to Cancel?](https://options.greeks.live/question/what-specific-language-should-be-included-in-an-rfp-document-to-reserve-the-right-to-cancel/)
![A sophisticated mechanism depicting the high-fidelity execution of institutional digital asset derivatives. It visualizes RFQ protocol efficiency, real-time liquidity aggregation, and atomic settlement within a prime brokerage framework, optimizing market microstructure for multi-leg spreads.](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-rfq-protocol-execution-liquidity-aggregation-system.jpg)

A right-to-cancel clause is the system's primary control, embedding strategic optionality and risk mitigation into the RFP framework.

- 
### [What Are the First Steps to Building a Business Case for an Rfp System Based on Soft Benefits?](https://options.greeks.live/question/what-are-the-first-steps-to-building-a-business-case-for-an-rfp-system-based-on-soft-benefits/)
![A metallic, cross-shaped mechanism centrally positioned on a highly reflective, circular silicon wafer. The surrounding border reveals intricate circuit board patterns, signifying the underlying Prime RFQ and intelligence layer. This setup symbolizes high-fidelity execution within market microstructure, enabling algorithmic trading for institutional-grade digital asset derivatives and RFQ protocols with atomic settlement.](https://options.greeks.live/wp-content/uploads/2025/08/the-core-institutional-digital-asset-derivatives-rfq-os-engine-for-high-fidelity-market-microstructure.jpg)

A business case for an RFP system is built by translating soft benefits into a strategic narrative of enhanced decision quality and risk mitigation.

- 
### [How Can Ai and Machine Learning Be Applied to Enhance the Rfq Phase of a Hybrid Procurement Event?](https://options.greeks.live/question/how-can-ai-and-machine-learning-be-applied-to-enhance-the-rfq-phase-of-a-hybrid-procurement-event/)
![A sleek, abstract system interface with a central spherical lens representing real-time Price Discovery and Implied Volatility analysis for institutional Digital Asset Derivatives. Its precise contours signify High-Fidelity Execution and robust RFQ protocol orchestration, managing latent liquidity and minimizing slippage for optimized Alpha Generation.](https://options.greeks.live/wp-content/uploads/2025/07/high-fidelity-institutional-digital-asset-derivatives-execution-via-optimized-rfq-protocols-enhancing-market-microstructure.jpg)

AI enhances the RFQ phase by transforming it into a predictive, data-driven system for strategic supplier selection and risk mitigation.

- 
### [How Does Integrating Rfp Scoring with Clm and Erp Systems Improve Procurement Governance?](https://options.greeks.live/question/how-does-integrating-rfp-scoring-with-clm-and-erp-systems-improve-procurement-governance/)
![A sleek, angular Prime RFQ interface component featuring a vibrant teal sphere, symbolizing a precise control point for institutional digital asset derivatives. This represents high-fidelity execution and atomic settlement within advanced RFQ protocols, optimizing price discovery and liquidity across complex market microstructure.](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-protocol-execution-control-point.jpg)

Integrating RFP, CLM, and ERP systems creates a unified governance fabric, embedding auditable control throughout the procurement lifecycle.

- 
### [How Can an Organization Quantify the Reputational Damage from a Canceled RFP?](https://options.greeks.live/question/how-can-an-organization-quantify-the-reputational-damage-from-a-canceled-rfp/)
![A sleek, dark, angled component, representing an RFQ protocol engine, rests on a beige Prime RFQ base. Flanked by a deep blue sphere representing aggregated liquidity and a light green sphere for multi-dealer platform access, it illustrates high-fidelity execution within digital asset derivatives market microstructure, optimizing price discovery.](https://options.greeks.live/wp-content/uploads/2025/07/advanced-rfq-system-for-digital-asset-derivatives-price-discovery.jpg)

A canceled RFP's reputational cost is quantified by integrating sunk costs, forfeited opportunity, and the calculated risk premium of diminished supplier trust.

- 
### [If a Sensitivity Analysis Reveals a Fragile Rfp Outcome, What Are the Immediate Next Steps for a Procurement Team?](https://options.greeks.live/question/if-a-sensitivity-analysis-reveals-a-fragile-rfp-outcome-what-are-the-immediate-next-steps-for-a-procurement-team/)
![A cutaway view reveals an advanced RFQ protocol engine for institutional digital asset derivatives. Intricate coiled components represent algorithmic liquidity provision and portfolio margin calculations. Translucent sections expose the quantitative analytics core enabling high-fidelity execution and low-latency order routing for Bitcoin options.](https://options.greeks.live/wp-content/uploads/2025/07/prime-os-rfq-protocol-engine-digital-asset-derivatives-core-internal-mechanism-visualized.jpg)

A fragile RFP outcome mandates an immediate halt to diagnose systemic instabilities in the evaluation framework before proceeding.

- 
### [What Are the Key Kpis to Measure Rfp Process Improvement?](https://options.greeks.live/question/what-are-the-key-kpis-to-measure-rfp-process-improvement/)
![A sophisticated institutional digital asset derivatives platform unveils its core market microstructure. Intricate circuitry powers a central blue spherical RFQ protocol engine on a polished circular surface. This Prime RFQ enables optimal price discovery, high-fidelity execution, and multi-leg spread trading for institutional block trades, ensuring capital efficiency and systemic risk mitigation.](https://options.greeks.live/wp-content/uploads/2025/08/institutional-digital-asset-derivatives-prime-os-unveiling-rfq-protocol-engine-market-microstructure-for-optimal-price-discovery-and-high-fidelity-execution.jpg)

A systemic framework of quantitative KPIs is required to measure RFP process improvement, transforming procurement from a cost function into a strategic value-engineering protocol.

- 
### [How Can an Organization Measure the Return on Investment of Its Pre-RFP Strategy?](https://options.greeks.live/question/how-can-an-organization-measure-the-return-on-investment-of-its-pre-rfp-strategy/)
![An institutional-grade platform's RFQ protocol interface, with a price discovery engine and precision guides, enables high-fidelity execution for digital asset derivatives. Integrated controls optimize market microstructure and liquidity aggregation within a Principal's operational framework.](https://options.greeks.live/wp-content/uploads/2025/07/proprietary-institutional-digital-asset-derivatives-rfq-protocol-engine-facilitating-high-fidelity-execution-and-granular-market-microstructure-analysis-for-prime-os.jpg)

Measuring pre-RFP strategy ROI quantifies how early diligence creates systemic value by mitigating risk and optimizing cost structures.

- 
### [How Can an Organization Differentiate between a Necessary Rfp Cancellation and One Caused by Internal Dysfunction?](https://options.greeks.live/question/how-can-an-organization-differentiate-between-a-necessary-rfp-cancellation-and-one-caused-by-internal-dysfunction/)
![A central toroidal structure and intricate core are bisected by two blades: one algorithmic with circuits, the other solid. This symbolizes an institutional digital asset derivatives platform, leveraging RFQ protocols for high-fidelity execution and price discovery. It optimizes market microstructure for capital efficiency, managing multi-leg spreads and latent liquidity within a Principal's operational framework.](https://options.greeks.live/wp-content/uploads/2025/07/digital-asset-derivatives-rfq-execution-hub-integrating-algorithmic-intelligence-for-high-fidelity-price-discovery-and-liquidity-aggregation.jpg)

Differentiating between necessary and dysfunctional RFP cancellations hinges on a rigorous, data-driven analysis of root causes.

---

## 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 Quantitative Metrics Best Indicate the Health of an Rfp Steering Committee?",
            "item": "https://options.greeks.live/question/what-quantitative-metrics-best-indicate-the-health-of-an-rfp-steering-committee/"
        }
    ]
}
```

```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-quantitative-metrics-best-indicate-the-health-of-an-rfp-steering-committee/"
    },
    "headline": "What Quantitative Metrics Best Indicate the Health of an Rfp Steering Committee? \u25b4 Question",
    "description": "The health of an RFP Steering Committee is quantified by its decision velocity, evaluation consistency, and the strategic value it secures. \u25b4 Question",
    "url": "https://options.greeks.live/question/what-quantitative-metrics-best-indicate-the-health-of-an-rfp-steering-committee/",
    "datePublished": "2025-08-09T12:27:32+00:00",
    "dateModified": "2025-08-09T12:27:55+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/precision-rfq-execution-for-institutional-digital-asset-derivatives-1.jpg",
        "caption": "This abstract representation illustrates a Prime RFQ for institutional digital asset derivatives trading. Its sleek, contained design embodies a secure, low-latency environment for RFQ protocols, enabling block trade execution and atomic settlement. The translucent teal dome signifies a protected private quotation zone. An internal dark sphere represents the intelligence layer driving quantitative analysis and smart order routing across diverse liquidity pools, ensuring best execution and optimized capital efficiency for multi-leg spread strategies."
    },
    "keywords": [
        "Business Case",
        "Business Case Alignment",
        "Decision Velocity",
        "Evaluation Score Variance",
        "Meeting Efficiency Ratio",
        "Procurement Analytics",
        "Procurement Governance",
        "Quantitative Performance Metrics",
        "RFP Lifecycle Management",
        "RFP Steering Committee",
        "Risk Mitigation Index",
        "Strategic Sourcing",
        "Vendor Performance Correlation"
    ]
}
```

```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-quantitative-metrics-best-indicate-the-health-of-an-rfp-steering-committee/
