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Debt Management and Consolidation
How do you know that you are in DEBT? How do you know that you are really in deep DEBT? Do you think you need DEBT MANAGEMENT or DEBT CONSOLIDATION ? This are the questions that most professionals will ask you about. If not, you will ask...
Free Debt Management Services Compared
Debt plagues millions of people all over the world. Debt can be a positive thing. For instance, if we never had any debt we would never be able to buy a house or a car. Debt is necessary in many cases, but for some people it can get out of hand....
Management Coaching: The Heart of Performance Management
The semantics of training and development do a great job of muddling the topic of human effectiveness on the job. What, precisely, are the differences and similarities among terms like "engagement" and "performance management" and "performance...
Organizing a Time Management Plan
Yes, if you are not organized, your time management plan will fall through in most instances, however if you have an organized plan, you are well on your way to success. Organizing plays a large role in managing time. When we are not organized,...
Time Management Working to Succeed
Time management is the process of working to succeed. When we are working to succeed, we are reaching our goals. Sometimes it is difficult when time are constantly changing and problems get in our way, so it is important to decide which plan...
 
Software Risk Evaluation And Offshore Risk Management

A risk can be defined as a problem that could cause some loss or threaten the success of of project. The potential risk factors may have an adverse impact on the cost, schedule, or technical success of the project. Thus, risk management is the process of identifying, determine and solve the potential problems before they can damage the project.

Offshore program and project management involves four critical activities:

1. Transition Management
2. Governance
3. Performance Management
4. Quality Management

Transition Management
The process of managing assets during a period of restructuring is defined as transition management. The role of the Transition Manager is to minimize the costs and risks thus ensuring that the process runs smoothly.

The real process starts when the contract is signed. Smooth transition management is the next issue to manage. Transition management is considered to be a critical success factor of offshore activities. Transition management is defined as the detailed knowledge of transfer and documentation of all relevant tasks, technologies and workflows The transition period is perhaps the most difficult stage of an offshore endeavor, taking anywhere from three months to a year to complete.

Transition management involves the following:

• Develop an initial transition plan (involving activities such as milestones, assets and benchmarks)
• Initiation of projects
• Internal procedures and processes
• Manage employees
• Document lessons learned to improve vendor management

Governance
after managing the issue of transition put the skills into practice by governing the offshore relationship – client management, third party contract. The


approach focuses on the evolution of services provided, ongoing communication processes, and overall project management. Governance activities pertaining to areas of off shoring can make or break a project.

The Ongoing governance involves the following:
• Project management
• Relationship building and management –
• Risk management - describes the processes concerned with identifying, managing, and correction of outsourcing partnership risks.

Performance Management
As offshore outsourcing has become an important aspect for multiple business processes, the types and complexity of contracts and sourcing alliances are bound to explode. With organizations outsourcing almost every aspect of their operations, multiple vendors participating in sourcing deals, and activities occurring 24x7, it's a nonstop challenge to coordinate interactions, manage performance, monitor contract terms, track financial metrics, and maintain alignment.

Ongoing governance involves the following:
• Measures outsourcing effectiveness using appropriate metrics
• Implementing improvements and adjustments
• Evaluating feasibility of additional outsourcing

Quality Management
Quality is a huge concern with offshore outsourcing. Errors are more costly to fix and debugging becomes essential. A strict quality assurance and control program forms an integral part of every offshore delivery project.

Performance management aims at reviewing and continuous improvement of software development and business processes, validation and verification of work products and customized status reports.

About the Author

The author of this article is John Parker, A-1 Technology, Inc, an offshore outsourcing company.

 

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Management - Wikipedia, the free encyclopedia
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Helping business professionals learn practical management skills and the best practices of world class organization.
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Datamation provides ideas and analysis for IT managers, featuring case studies and trend spotting reports on IT project and service management issues.
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Management
International review on management research. Peer-reviewed, occasional. Ejournal, with tables of content, abstracts and full articles available on-line.
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Society for Human Resource Management
Advances the human resource profession to ensure that HR is recognized as an essential partner in developing and executing organizational strategy.
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FEMA | Federal Emergency Management Agency
Agency of the US government tasked with Disaster Mitigation, Preparedness, Response & Recovery planning.
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Account Manager. Recruiter: Financial Times. Part Qualified Management Accountant. Recruiter: Robert Half Finance & Accounting ...
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Online guide to small business management. Find articles, advice and how-to guides.
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Academy of Management Online
Academy of Management: This is the official web site of the Academy of Management, with information on membership, journals, list servers, web sites, ...
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Provides business management articles, webcasts, online learning, and books as well as conferences focused on leadership and decision making.
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Object Management Group
Distributed object computing industry standards group founded in 1989. Defined standards include CORBA and IIOP.
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Management Reading | Global Executive | Business | Economist.com
The one management thinker every educated person should read Nov 17th 2005 ... The story of Emerson's successful management process is fascinating. ...
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Emerald: Home
Publisher of journals in management and library and information services, engineering, applied science and technology.
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Yale School of Management
The mission of the Yale School of Management is to educate global leaders for business and society. We pride ourselves in providing a hard-edged business ...
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US Office of Personnel Management
Official Federal Government site listing positions nationwide for special agent, federal police officers and related jobs.
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