Outsourcing and risk management
4 important questions on Outsourcing and risk management
What are the three phases in the outsourcing process?
- Strategic phase
- Transition phase
- Operation phase
What are the core elements of the transition phase?
- Scope of services
- term of the agreement
- rates, fees, incentives
- conflict resolution
- communication
- management and control
- Other
What are the main risks of outsourcing?
- Technical risks
- Commercial risks
- Contractual risks
- Performance risks
- Higher grades + faster learning
- Never study anything twice
- 100% sure, 100% understanding
What are the critical succes factors of outsourcing?
- Understanding company goals and objectives
- A strategic vision and plan
- Selecting the right vendor
- A properly structured contract
- Open communication
- On-going management of the relationship
- Senior executive support and involvement
- Careful attention to personnel issues
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding