Advantages of contracting, Other Management

Assignment Help:

We can conclude that contracting does have many benefits which are mentioned below: 

?  Division of labour. 

?  Synergy of expertise. 

?  Sharing of risks. 

To avoid the negative aspects of contracting closed attention must be given to the following: 

?  Selection of efficient contractors. 

?  Clear evaluation of bids. 

?  Accurate measurement and control of contract performance.  


Related Discussions:- Advantages of contracting

Organizational behaviour, A large unit manufacturing electrical goods which...

A large unit manufacturing electrical goods which has been known for its liberal personnel policies and fringe benefits is facing the problem of low productivity and high absenteei

Charging desk -circulation area in library building, Charging Desk -Circula...

Charging Desk -Circulation Area in library building This is the key functional area of the library and a great deal of  thought should be given to its location, size and shape

What is change, QUESTION 1 (a) What is change? (b) Describe carefull...

QUESTION 1 (a) What is change? (b) Describe carefully the driving forces which can contribute to successful change programs QUESTION 2 Using a concrete example of an

Explain the characteristics of an ''effective team'', QUESTION 1 (a) De...

QUESTION 1 (a) Define 'A Group' and with the help of a diagram explain the different stages in 'Group Development' (b) Explain the characteristics of an 'Effective Team'

Meaning and characteristics - types of approaches, Meaning and Characterist...

Meaning and Characteristics: Meaning: The survey method primarily focuses on  the present. In nursing survey approach  is  used  to a great extent.  It  is  a non-experiment

Explain the philosophy behind quality management system, Question 1: (a...

Question 1: (a) Explain the basic philosophy behind quality management systems such as those specified in ISO 9000:2000 series. (b) Discuss how an effective quality manageme

Describe the export promotion capital goods scheme, Question 1 List the le...

Question 1 List the legal provisions of Uniform Customs and Practices for Documentary Credit in relation to Letter of Credit Question 2 Write a note on i) Imports by 100%

Trade discounts - library administration, Trade Discounts: Trade disco...

Trade Discounts: Trade discounts area common feature in book purchases. The discounts may vary according to categories of publications. Normally a 10% discount is admissible o

What do you understand by contract management, QUESTION When a company ...

QUESTION When a company is forming long-term outsourcing relationship with another company, the foundation of the success of the venture is a good contract management (a) Wh

Describe the concepts of sustainable development, Although tourism has brou...

Although tourism has brought economic benefits, it has significantly contributed to environmental degradation, negative cultural and social impacts and habitat fragmentation. Tour

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd