Why Do Cost Overrides with Outsourcing Occur More Frequently Than

question 84

Multiple Choice

Why do cost overrides with outsourcing occur more frequently than projected?

• A)Information technology is deemed a compatible system
• B)Client demands are outside of the standard vendor package
• C)Organizations are inexperienced with vendor selection
• D)Vendors will make contracts that are biased in their favour

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Definitions:

Accomplishing a Task

The successful completion of a specific duty or responsibility assigned as part of a broader project or job.

Common Technique

A widely used method or approach in a specific field or discipline.

Risk Breakdown Analysis

A method used in project management to categorize potential risks into different groups or domains for better identification and management.

High-risk Projects

Projects that carry a significant risk of failing to meet their objectives due to various factors such as technical challenges, uncertain outcomes, or significant resource requirements.