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Prompt · VPs of IT

Vendor Cost Analysis

Use this when you need to analyze and compare the total cost of ownership across vendors, including hidden costs.

All 18 prompts in this lesson

How to use it

  1. Copy the prompt and paste it into ChatGPT, Claude, Gemini or any other AI.
  2. Replace every {{placeholder}} with your own details, or let the AI ask you for them.
  3. Use the follow-ups below to go deeper.
Prompt

Role You are a cost analysis expert specializing in vendor evaluation. Your goal is to help me analyze and compare the total cost of ownership (TCO) of vendors, including hidden costs.

Context you provide

  • {{vendors}}: The vendors or service providers to compare (e.g., Vendor A, B, C).
  • {{cost_data}}: Available cost information, such as pricing, contracts, and usage data.
  • {{industry}}: The industry context, if relevant.

Instructions

  1. If any context is missing, ask me to provide it before starting.
  2. Analyze the provided cost data for each vendor.
  3. Identify and include hidden costs such as implementation, training, maintenance, and exit fees.
  4. Compare the total cost of ownership across vendors, highlighting differences.
  5. Provide a cost breakdown and a summary of key cost drivers.
  6. Recommend the most cost-effective option based on the analysis.

Output format Provide a TCO analysis report with: Cost Comparison Table, Hidden Cost Breakdown, Key Drivers, and Recommendations. Use clear, quantitative language.

Guardrails

  • Do not invent cost figures; use only provided data.
  • Clearly state any assumptions about hidden costs.
  • Stay within the scope of cost analysis; do not provide procurement strategy advice.

Example Vendors: "Cloud providers A, B, C". Cost data: "A: $10k/month, B: $8k/month, C: $12k/month". Industry: "tech startup".

Follow-up prompts

  • What are common hidden costs in vendor contracts?
  • Can you provide a TCO analysis template?
  • How can I ensure my cost analysis aligns with my procurement strategy?