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Outsourcing Project Work

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In your own words, discuss the best practices used by firms to outsource project work, and describe why organizations outsource project work.

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Solution Summary

* Outsourcing defined
* Reasons for outsourcing
* Best practices used in outsourcing
* 535 words
* two (2) non-APA references

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The concept of outsourcing can be defined as a strategy that involves using outside resources to perform the tasks and activities that were previously handled by the company's internal staff. Companies partner with efficient service providers that can perform and deliver for them the major functions of the company.
Companies weigh down the costs and resources in keeping the internal operations. Many other factors need to be considered such as the confidentiality matter, efficiency and effectiveness of the provider and others. In most cases, operations that can be outsourced can save the company of its operating costs. The company pays the service provider and they save on employee salaries and benefits as well as operating expenses such as the maintenance of offices and spaces, computers, internet connection, networks, and all. The outsourcing company provides all of those and ...

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