Lecture 11 Flashcards

1
Q

phase system

A

period in which the system has another goal, function or configuration

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2
Q

Information Processing Strategy

A
  • minimise information flow

- maximise information fields

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3
Q

When to outsource

A

a person or organisation outsources a task when:

  • he is not competent to do that task himself
  • he does not much want to do that task
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4
Q

Client and contractor have conflicting interests

A
  • client is interested in cost effectiveness
    output / client’s costs
  • contractor is interested in cost efficiency
    price / contractor’s costs
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5
Q

Difference between outsourcing and collaberation:

BASIC LAWS

A
  1. Two or more players which want to deliver the same product or process at an equal scale level should always be placed in an outsourcing competition
  2. Two or more players which want to deliver complimentary products or services at an equal scale level preferably should collaberate.
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6
Q

Two basic contract types

A
  • fixed price contract

- cost plus fee contract

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7
Q

definition of Alliance Contract

A
  • client and contractor create an initial risk budget
  • all unexpected events during project (with associated consequences) financed by this risk budget
  • risk budget left over at the end split 50-50
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