5. A large North American multinational wants to offshore outsource most of its back-office IT, human resources, finance, and procurement functions to India. Thisbecomes a major international project. Therefore discuss the following, usingexamples:a) Define project management; project management office; offshore outsourcing.Byb) Assess the risks such a major offshore outsourcing project will face.c) What major project management principles need to be adopted to make thisa success? ***

In today's globalized business landscape, offshore outsourcing has become a popular strategy for…

Answered: 5. A large North American multinational…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

See similar textbooks

Similar questions

Problem Statement: Stakeholder and Project Quality Management “Hercules Creative Solutions” has successfully bagged two research and development related projects from ministry of science and technology. You are working on one of a project as senior project manager which is related to develop a gadget for the help of physically disabled persons in their day to day commuting. The main challenge for you and your team is that neither you nor any of your team members have ever done this type of project. USAID and one of a leading bank are the sponsors of this project. The designing of the product has been outsourced to one of a very famous engineering firms of the country. For the procurement purpose, two potential vendors are on board. The company you are working for is a multinational company and has very strict procurement procedure and procurement audit is mandatory at the end of the project. Stringent quality standards have to be followed which includes but not limited to rigorous…
Project Management FAO-Funded Aquaponics Project Launched In Barbados Barbados GIS – The United Nations Food and Agriculture Organization (FAO) has collaborated with the Ministry of Maritime Affairs and the Blue Economy, and local business. Adams Aquafarms, on a project to train persons in aquaponics. Aquaponics is a sustainable way of integrating land-based fish farming with plant production. Both are placed in a tank, and the set up allows for them to coexist, with the waste produced by the fish fertilizing the plants, while the plants purify the water for the fish. The training, funded by the FAO, will take place at a demonstration facility, located at Adams Aquafarms, Hopewell, St. Thomas. The FAO is currently targeting 30 entrepreneurs and 10 teachers. Minister of Maritime Affairs and the Blue Economy, Kirk Humphrey, believes the project will be “transformative”, as it has the potential to empower Barbadians. “In aquaponics, you have the opportunity to have, at the same time,…
You happen to be the Project Manager for a new project to create anacademic programme ininprojeDepartment of Construction Technology and Management (CTM), KNUST, Kumasi. This p was authorized by the request of some key industry players in the Oil and Gas Industry. Themanagemenare hosted by academicprogramme is purposed to cover other disciplines in engineering, surveying, business r and computer applications. The academic training in these disciplinesdepartments outside the CTM Department but within KNUST. Your selection as the Project Manager (PM) was done by the Dean of your Faculty via a Project Charter. Other persons weree unfamiliar to you. The effortof you and your team would be counted as "Service" to the University, meaning you will not be the charter mandates you to use any resource of KNUST (vehicles etc.) found to be necessary for receiving any remuneration for your input or effort. To facilitate your work under the assignment, the work. The project is not expected to cost…
Perform a risk assessment for COMPANY Petroleum Development Oman:a. Identify at least five risks for the business COMPANY Petroleum Development Oman in connection with their objectivesb. Assess these risks – what is the likelihood of these risks occurring given the current situation?c. Suggest ways how these risks can be managed by the business.
How do environmental factors affect project implementation?Why is it important to honor the customs and traditions of a country when working on an international project?
Discuss strengths and weakness of each international project management standards?
Analyse the internal and external environments impacting the Trans-Africa Projects. Demonstrate an understanding of the theory by conducting a internal analysis, market analysis and macro analysis.
Describe three elements that make a global project more complex than a project performed within just one country. How might these elements affect the successful outcome of the global project?
How does offshore outsourcing of websites differ from onshore outsourcing in terms of cost, quality, and project management?
Business is Potato Corner Develop a risk plan submission to assess the net returns of the project and or market entry strategies in the execution of global plans. What will be the best way to mitigate the various risks? Please analyze and evaluate, ROR, and ROI with respect to the above scenario.
Under research and development limited partnership, who is going to develop the whole project? ‌Bank ‌Government ‌Limited Partners ‌All of The Above None of the above.
https://www.space.com/nasa-picksspacex-blue-origin-private-moon-lander-companies.html Project Managers are often tasked with the responsibility to select potential projects and tomotivate their selection to senior management in order to procure commitment of funds andresources.a. Establish and highlight the importance of project management as a key enabler of organisational strategy and identify how this relates to NASA as per the case study.

SEE MORE QUESTIONS

Recommended textbooks for you

Understanding Business

Management

ISBN:

9781259929434

Author:

William Nickels

Publisher:

McGraw-Hill Education

Management (14th Edition)

Management

ISBN:

9780134527604

Author:

Stephen P. Robbins, Mary A. Coulter

Publisher:

PEARSON

Spreadsheet Modeling & Decision Analysis: A Pract…

Management

ISBN:

9781305947412

Author:

Cliff Ragsdale

Publisher:

Cengage Learning

Understanding Business

Management

ISBN:

9781259929434

Author:

William Nickels

Publisher:

McGraw-Hill Education

Management (14th Edition)

Management

ISBN:

9780134527604

Author:

Stephen P. Robbins, Mary A. Coulter

Publisher:

PEARSON

Spreadsheet Modeling & Decision Analysis: A Pract…

Management

ISBN:

9781305947412

Author:

Cliff Ragsdale

Publisher:

Cengage Learning

Management Information Systems: Managing The Digi…

Management

ISBN:

9780135191798

Author:

Kenneth C. Laudon, Jane P. Laudon

Publisher:

PEARSON

Business Essentials (12th Edition) (What's New in…

Management

ISBN:

9780134728391

Author:

Ronald J. Ebert, Ricky W. Griffin

Publisher:

PEARSON

Fundamentals of Management (10th Edition)

Management

ISBN:

9780134237473

Author:

Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo

Publisher:

PEARSON

SEE MORE TEXTBOOKS