Outsourcing & Project MGMT Flashcards
Define Outsourcing
sending a task across orgainizational boundaries
define offshoring
sending a task across geographic boundaries
what are the 5 enabling factors to offshoring
liberalization of global economies, digitizing bus. processes, proliferation o fcomputing, edu outside USA, worldwide bus culture
what are some perks of outsourceing/offshoring ?
save $, gain expertise, free up mgmt time, refocus on core competencies, reduce investment on inhouse stuff, diversity of thought
What are the risks of outsourcing?
loss of control, loss of company IP, you arent a priority, vendor has no incentive to save you $, no easy exit, liability for vendor’s mistakes
what do you want to keep in house
the future of the company
what will off shoring look like inthe future
there will be a lower threshhold, more personal, more professional, grow, more cities participating
How do you protect yourself from being outsourced
get somethign that requires your physical presence, somwthing that requires deep relationships, multidisciplinary work
when starting out on a project what are 2 things to do?
define system goals, and define the scope (# of requirements)
What makes IS development and projects so hard to manage
shifting requirements, advancing tech, Brooks Law
What is Brooks Law
the more ppl in a group the slower it is (diseconomies of scale)
____,______,______ Pick 2
Good FAst Cheap
What are the 3 key things that make development hard
Scope, Time, REsources ($, ppl, equiptment)
Tradeoffs are a must
What does MS Project do?
shows the dependencies of a project and helps to plan
What is Critical Path Analysis
it charts the sequence of activities and tries to shorten development time by shortening critical paths (need these to be done to move Fwd)
