Primary Task Response: Within the Discussion Board area, write 400-600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.
According to the Project Management: The Managerial Process 7th Edition, the term ‘outsourcing’ has traditionally been applied to the transferring of business functions or processes. Once an organization decides to outsource project work, the customer or project manager is frequently responsible for developing a Request for Proposal (RFP). A well-developed RFP will provide contractors with sufficient guidelines to prepare a response. The final step in the RFP process is to select a contractor.
What are three advantages and three disadvantages to outsourcing project work?
How can outsourcing project work be advantageous to project budget and schedule? Share examples.
Describe three best practices for outsourcing project work that can help you excel in managing your project and the buyer-seller relationship. Share an example of each.
Be sure to reference all sources using APA style.
Mandatory Reference to use (ATTACHED):
Project Management: The Managerial Process. 7th Edition. Larson and Gray. – CHAPTERS 1, 2 & 15
Also need a 2nd reference as well.
