Question Description
350 – 600 words
Overview
Many risks exist with work that is outsourced. In fact, the risks maybe greater because you do not have control over the resources like youwould for a project that you are managing internally. To help reducethese risks, you should establish monitoring and control processes andprocedures. They should cover the work being delivered by the vendor perthe contract and tracking of the progress against the overall schedule.
Primary Task Response: Within the Discussion Boardarea, write 350–600 words that respond to the following questions withyour thoughts, ideas, and comments. This will be the foundation forfuture discussions by your classmates. Be substantive and clear, and useexamples to reinforce your ideas.
Research at least 2 sources (which may include your textbook) to support your response.
- Discuss contract negotiations, especially the terms and conditions including price, scope of work, and so on.
- Explain how a preferred provider list would help or hinder contract negotiations for your project.
- What tools and techniques will you use to manage your relationship with the seller or vendor?
Write 2 more paragraphs that are an introduction and conclusion tothis topic. Be sure to include your references, which should follow APAformat.
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