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    Securing Contracts

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    As a project manager, how do you determine when project work should be contracted out, and how does risk enter into the decision?

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    https://brainmass.com/business/business-management/securing-contracts-490041

    Solution Preview

    Work should be contracted out when a project is falling behind and a deadline has to be met. Adding another individual or company to the project may increase costs and in some cases cause more confusion, but in most cases has been found to be a positive decision. In some cases where subcontractors are hired, risk ...

    Solution Summary

    This solution explains why project managers decide to contract out work instead of complete a given job themselves and how this process could prove to be beneficial in ensuring the success of an initiative.

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