which of the following manages contracts relating to an outsourced data centre course hero

What is an outsourced project?

Why is the policy to plan adequate time for the rework cycle of each deliverable very effective?

Why do contractors have empty boxes?

What is a contractor?

How to reduce the risk of getting abandoned by the contractor?

What is client in project management?

What does the closeness of the delivery due date do?

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How to Manage Outsourced Projects Effectively?

Outsourcing of project work is more common today than ever. However, even though you outsource the work, you cannot completely outsource your obligation to make sure the project is progressing smoothly. If all goes well with the outsourcer, you do not have much work to do. Unfortunately, in many instances, the outsourcing vendor does not […]

Question unit 5 as project manager you are aware that - Course Hero

scope, and coordinating change across knowledge areas. Comments: Question 6. Question : (Unit 5) As a project manager you need to introduce the concept of integrated change control to your team. Which of the following about integrated change control will you include in your presentation. (Select two.) Student Answer: Integrated change control involves determining that a change has occurred.

Ch. 13 Flashcards | Quizlet

Study with Quizlet and memorize flashcards containing terms like 23. All of these are factors that could lead to a decision to buy or outsource rather than make or perform in-house, EXCEPT: a. Flexibility in procurement b. Ability to utilize specialized suppliers c. Inadequate capacity d. More control over quality and time, 24. All of the following entities are typically included in the supply ...

Chapter 13 Flashcards | Quizlet

Study with Quizlet and memorize flashcards containing terms like 1. Supply chain management focuses exclusively upon the parties directly involved in providing supplies to the project team. a. True b. False, 2. Supply chain operations require managerial processes that span across functional areas within individual organizations, and link trading partners and customers across organizational ...

How to manage an outsourcing venture to achieve success

How to manage your business for successful outsourcing. Very often, companies that decide to outsource fall into the trap of thinking that the entire outsourcing process is complete as soon as the contract is signed.

What is an outsourced project?

An outsourced project is a “goal-oriented undertaking of multiple tasks, often interdependent in nature, increasingly involving multiple parties, including customer, principal supplier, supply-chain partners (subcontractors), and other third parties to develop or provide products, services or solutions within a given period of time” (Garret, 2005). An outsourced project is typically made up of three main “ingredients:”

Why is the policy to plan adequate time for the rework cycle of each deliverable very effective?

The Savvy: In order to reduce the risk of project delays, the policy to plan adequate time for the rework cycle of each deliverable is very effective (Weigers, 2007). In the author's professional experience, the consistent use for each deliverable of the following sequence of activities has proved particularly useful:

Why do contractors have empty boxes?

The main cause of these “empty boxes” is that the contractor wants to demonstrate to the client that he has properly taken account of all the project management aspects but he is reluctant to commit himself to any of the specific deliverables needed to carry out these tasks.

What is a contractor?

The contractor (or “seller”), the organization that gets payed by the client to build the product, the result or the capability to perform the service needed;

How to reduce the risk of getting abandoned by the contractor?

The Savvy: In order to reduce the risk of getting practically abandoned by the contractor, remember to incorporate in a fixed-price contract a balanced set of bonuses and penalties (i.e., “ carrots and sticks”): the bonuses encourage the contractor to deliver in advance, and the penalties discourage the contractor to endlessly delay the delivery. For example, you could think of a financial bonus for each day the contractor delivers in advance and at the same time a financial penalty for each day of delayed delivery. The same concept could be replicated with regard to the quality of the deliverables: for example, you could contemplate a bonus/penalty for the limited/excessive defectiveness of the deliverables (like software modules).

What is client in project management?

The client (or “customer” or “buyer”), the organization that pays for the “product, the result or the capability to perform a service” (Project Management Institute, 2008) to be built within the project;

What does the closeness of the delivery due date do?

The closeness of the delivery due date optimistically alters the perception of the remaining work to be done; and

Which group monitors user experience and responds to user problems?

C) The operations group monitors user experience and responds to user problems.

What is the CTO?

A) The chief technology officer (CTO) heads the data administration staff function.

Who is the chief information officer?

A) If the IS primarily support accounting and finance activities, the chief financial officer (CFO) is appointed as the chief information officer (CIO).

When does alignment of IS direction with organizational strategy occur?

C) Aligning the IS direction with the organizational strategy occurs only when the divisions are sold.

Which has greater recruiting expenses: outsourcing or outsourcing?

a. Organizations that do not outsource probably have greater recruiting expenses than outsourcing organizations.

What is outsourcing in tax?

a. Organizations outsource to reduce the money spent on tax and revenue.

What is the core business process of a locomotive firm?

The core business process of a locomotive firm is designing engines. It outsources the production of automobile bodies and several of its parts to different organizations in South Africa and South Asia. Which of the following could be the most appropriate reason for the locomotive firm to outsource?

What are some examples of outsource functions?

They can outsource various functions like call center operations, accounting, manufacturing, and payroll. For example, Nike outsources all t … View the full answer

What are the keys to success in routine buys?

11. Two keys to success in routine buys are having the right controls and keeping it simple and straightforward.

Introduction

Outsourcing agreements are typically large and complex, and without a proper vision and strategy for the issues that usually occur under outsourcing contracts, organisations can end up failing to achieve the expected value, overpaying, and/or losing out on potential optimisations.

Outsourced enterprises: vision and strategy

It is crucial for organisations that outsource their functions on a frequent basis to have a clear vision and strategy as to what it takes to be an outsourced enterprise.

What is contract management?

Contract management is about avoiding loss of value and ensuring that benefits are realised, while creating possibilities for improvements and increased value during the lifecycle of an outsourcing contract.

How can contract management be implemented?

From the customer's perspective, contract management is about organising the operational processes of the customer organisation to ensure that:

Ensuring internal alignment

As described above, the contract management methodology consists of a number of roles for making managers responsible for a number of assignments and processes. With various roles usually made up of a number of people, who have various responsibilities, alignment between the roles can be a challenge.

Ensuring the methodology is followed

It is one thing to have a methodology, but it is another to make sure it is followed. First of all, it is important to be clear about the challenges. Many organisations (and their management) tend to think that:

Contract information management

The foundation for an efficient contract management system is "contract information management", which is simply a structured approach for collecting and storing contract management data.

What is an outsourced project?

An outsourced project is a “goal-oriented undertaking of multiple tasks, often interdependent in nature, increasingly involving multiple parties, including customer, principal supplier, supply-chain partners (subcontractors), and other third parties to develop or provide products, services or solutions within a given period of time” (Garret, 2005). An outsourced project is typically made up of three main “ingredients:”

Why is the policy to plan adequate time for the rework cycle of each deliverable very effective?

The Savvy: In order to reduce the risk of project delays, the policy to plan adequate time for the rework cycle of each deliverable is very effective (Weigers, 2007). In the author's professional experience, the consistent use for each deliverable of the following sequence of activities has proved particularly useful:

Why do contractors have empty boxes?

The main cause of these “empty boxes” is that the contractor wants to demonstrate to the client that he has properly taken account of all the project management aspects but he is reluctant to commit himself to any of the specific deliverables needed to carry out these tasks.

What is a contractor?

The contractor (or “seller”), the organization that gets payed by the client to build the product, the result or the capability to perform the service needed;

How to reduce the risk of getting abandoned by the contractor?

The Savvy: In order to reduce the risk of getting practically abandoned by the contractor, remember to incorporate in a fixed-price contract a balanced set of bonuses and penalties (i.e., “ carrots and sticks”): the bonuses encourage the contractor to deliver in advance, and the penalties discourage the contractor to endlessly delay the delivery. For example, you could think of a financial bonus for each day the contractor delivers in advance and at the same time a financial penalty for each day of delayed delivery. The same concept could be replicated with regard to the quality of the deliverables: for example, you could contemplate a bonus/penalty for the limited/excessive defectiveness of the deliverables (like software modules).

What is client in project management?

The client (or “customer” or “buyer”), the organization that pays for the “product, the result or the capability to perform a service” (Project Management Institute, 2008) to be built within the project;

What does the closeness of the delivery due date do?

The closeness of the delivery due date optimistically alters the perception of the remaining work to be done; and