Arts And Humanities Assignments
Discussion 2:
Q1:
Outsourcing plays an important role in regulating the expenses involved in the completion of the project and also increases the profits of the companies from the business plan. According to Luo et al. (2021), companies use outsourcing techniques, including skilled employees, for their projects, which lowers the training and management expenses of the organisation. On the other hand, Zhu et al. (2017) stated that the inclusion of outsourcing within the business operations reduces the collaborative nature of its existing workers, which also hampers the quality of the business plan and reduces the profits for the enterprise. Overall, it has been noticed that in spite of reducing project costs, outsourcing reduces the profits for the company due to the absence of proper coordination between existing and new employees.
Q2:
Outsourcing is considered an important process for allocating resources in a proper manner. In this context, crucial IT development projects depend on the outsources process for effective allocation of resources by the managers (Blair, Woodcock and Pagano, 2023). On the other hand, the process includes substantial limitations as it decreases the direct control over resources. As per the analysis, proper balance in the outsourcing process is important for meeting objectives.
Q3:
Outsourcing is considered one of the important aspects of project managers that helps to obtain proper skills while reducing the overall training duration. For example, in the context of outsourced software projects the concerned managers are able to gain skills related to innovation and technology (Mello, 2021). However, the process includes limitations due to the reduction in the immediate control over the team as well as the inability to cope with the training process.
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