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 The transferring of business functions or processes to other companies has traditionally been known as A) Subcontracting B) Downsizing C) Partnering D) Joint venture E) Outsourcing 2 Advantages of outsourcing project work may likely include all of the following EXCEPT A) Shortened project duration B) Reduced costs C) Higher level of expertise D) Reduced conflict E) Increased flexibility 3 Why are extensive training and team building activities important when managing contracted relationships? A) Extensive training and team building activities are not worth the effort because people issues will usually work themselves out over time. B) So team members are provided with a theoretical understanding of the barriers to collaboration as well as the skills and procedures to be successful. C) So conflict management processes can be put into place D) So teams can still function together when co-location is not important for project success E) So teams can identify difficult individuals and keep their distance during the project
Outsourced projects are susceptible to conflicts since people are unaccustomed to working together. Which of the following is a primary control mechanism for dealing with and resolving problems? A) Arbitration B) Escalation C) Collaboration D) Mediation E) Regulation 5 Key practices in the partnering approach to managing contracted relationships include A) Single project contracting B) Risk being transferred to the other party C) Access to each other's organizational resources D) Structured communications E) Independent project teams 6 Which of the following is part of the traditional approach to managing contracted relationships? A) Structured communications B) Long-term commitment C) Total company involvement D) Shared risk E) Mutual trust 7 Which of the following is true in regard to negotiation when managing projects? Best practices in outsourcing project work include all the following EXCEPT A) Well defined requirements and procedures B) Training and teambuilding activities C) Well-established conflict management processes D) Frequent reviews and status updates E) Short-term, no pressure, outsourcing relationships 9 The result of teambuilding among the project's participants that states their common goals for the project as well as the procedures that will be used to achieve these goals is a A) Signed contract B) Legal partnership agreement C) Project plan D) Partnering charter E) Responsibility matrix 10 What does the acronym BATNA stand for? A) Best alternative to a negotiated agreement B) Long-term partnerships will provide all the following EXCEPT A) Improved communication B) More efficient utilization of resources C) Reduced communication requirements D) Lower administrative costs E) Improved innovation 12 Ultimate success of the project is determined by A) Whether the project was completed on time B) Whether the customer is happy C) Whether the project meets specifications D) Whether the project was under budget E) Whether the project served the purpose it intended 13 Principled negotiation emphasizes developing win/win solutions while protecting yourself against those who would take advantage of your forthrightness. Which of the following is NOT one of the key points of principled negotiation? A) Use objective criteria when possible B) Be honest and forthright C) Focus on interests, not positions Mathematically, customer satisfaction is a function of the extent to which perceived performance exceeds expectations. A customer satisfaction ratio of .95 indicates that a customer is A) Very satisfied B) Slightly satisfied C) Neutral. Expectations were met D) Slightly dissatisfied E) Very dissatisfied 15 When considering principled negotiation, revealing why you are trying to achieve something instead of demanding what you want or need is an example of A) Separate people from the problem B) Be honest C) Focus on interests, not positions D) Invent options for mutual gain E) When possible, use objective criteria What are the best practices used by firms to outsource project work list at least 3 with explanations why?Efficient training and team-building exercises. Establishing Conflict management processes. ... . Review and status updates. ... . Implementing co-location. ... . Fair incentive contracts. ... . Outsourcing relationships for the long term. ... . Utilize Towne Mailer's printing and mailing services!. Which statement is true of partnering in outsourcing project work?Which statement is true of partnering in outsourcing project work? Partnering requires an extensive commitment of time and energy. Which of the following is a disadvantage of outsourcing project work?Lack of control is one of the major disadvantages of outsourcing through a project-based model. Which of the following are typically included in a request for proposal?An RFP generally includes background on the issuing organization and its lines of business (LOBs), a set of specifications that describe the sought-after solution and evaluation criteria that disclose how proposals will be graded. What are the advantages of outsourcing project work?Outsourcing is generally considered more cost-effective than keeping in-house employees. For PMs, this is also valid: hiring a project manager along with an outsourced development team is less costly than recruiting and training an additional in-house PM. A fresh perspective on your project.
What are 3 advantages of outsourcing?Advantages of outsourcing. Improved focus on core business activities. ... . Increased efficiency. ... . Controlled costs. ... . Increased reach. ... . Greater competitive advantage. ... . Offshore outsourcing issues.. What is not an advantage of outsourcing project work?Outsourcing disadvantages:
Breakdowns are exacerbated by physical separation with people working in different buildings, different cities, if not different countries. 2. Loss of control. There is potential loss of control over the project.
What are the advantages and disadvantages of Outsource?And it's also very important to understand the effect outsourcing can have on company culture.. Advantages Of Outsourcing. ... . You Don't Have To Hire More Employees. ... . Access To A Larger Talent Pool. ... . Lower Labor Cost. ... . Cons Of Outsourcing. ... . Lack Of Control. ... . Communication Issues. ... . Problems With Quality.. |
Advantages of outsourcing project work may likely include all of the following except
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