The Deal
Tuesday, January 6, 
5:45 am

Navigating Uncharted Waters: Outsourcing Guide

Posted on August 8, 2006 at 2:03 PM
Filed under: Outsourcing
[ Share ]  [ E-mail ]  [ Leave a Comment ]

Managing an outsourcing effort is no easy task, even for veterans of the process. So to make life easier for companies considering a software outsourcing project, the Offshore Outsourcing Best Practices association, a membership organization offering a range of software outsourcing services to companies and service providers, has come up with a few guidelines.

Set a structured timeline: Generally speaking, most companies underestimate how long it will take their outsourcing service provider to fine-tune their customized software. OOBP recommends creating a timeline and devoting the first 20% of it to development of a first version of the software and the rest to finalizing it.

Know what you want: Companies new to outsourcing often fall into the trap of setting lofty project goals and assigning abstract tasks to developers before they have a concrete idea of what their projects entail. Irrelevant or unnecessary steps can overcomplicate projects, wasting the developer’s time and the client’s money. OOBP recommends that companies be specific in assigning relevant, practical tasks to their offshore vendors.

Keep it simple: Companies sometimes believe that complex software solutions are needed to upgrade or create new high-tech systems. However, this is often not the case and OOBP recommends opting for simpler solutions when they exist. Doing so can keep project costs down and simplify communication between the company and service provider.

There is certainly a lot more to consider when offshoring a project, but these simple guidelines can make a world of difference to the project’s ultimate success. — Eugene Goland

Eugene Goland is president of DataArt and chairman of the Offshore Outsourcing Best Practices association.


Comments
Post a comment


Search


Search For

Corporate Dealmaker Video


Inside the Deal: Smith School's Anil Gupta on M&A in China and India

Anil Gupta on attractive targets in China and India.


Movers & Shakers


Milan Shah
Albemarle Corp.
MilanShahMovers.png

Jeff Schrock
Intel Capital
JeffSchrockMovers.png

Joseph Ianniello
CBS Corp.
JosephIannielloMovers.png

Keith Cowan
Sprint Nextel Corp.
KeithCowanMovers.png
Milan Shah, Albemarle Corp.
Christopher S. Dean, Skype Ltd.
Jeff Schrock, Intel Capital
Joseph Ianniello, CBS Corp.
Keith Cowan, Sprint Nextel Corp.


COMPLETE MOVERS & SHAKERS ARCHIVES

The Magazine

MACDdec1cover.jpg
And the winners are...
Even in a period when things like toxic credit default swaps and noxious structured investment vehicles dominate the conversation in many parts of the deal community, people are still willing to take the time to recognize skill and achievement in the strategic transactions that help those companies adapt and grow.
View the complete issue


Last Issue
Archives
Suggest a topic
Purchase a reprint
Subscribe to The Deal


Monthly Archives


Syndicate

Contributors


©Copyright 2008, The Deal, LLC. All rights reserved. Please send all technical questions, comments or concerns to the Webmaster.
Sponsored by