|
| |
Cobra Solution To Be Launched At Benefits Management Forum & Expo
Omaha, NE -- August 1, 2004 – COCO Development, LLC is set to launch its newest HR compliance solution, COBRApoint, a web-powered COBRA, HIPAA, State Continuation and Retiree Billing system, at the 17th Annual Benefits Management Forum & Expo in ...
Crisis Management Tips
The term crisis management has different connotations. In this article, I will try to provide pointers that can be used in most situations: Is It A Crisis In The First Place?: This question is important to ask, as there are many situations that go wrong ...
Strengthen Skills in Time Management
We want to strengthen our skills in time management, since it is essential for a successful life. College students are very aware of time management, yet many of the students struggle to maintain a productive level of time. Since, most students attend ...
|
|
|
|
| |
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.
|
|
|
|
|
|
 |
BLM rejects permit for methane bacteria projectCBS NewsFederal land managers have rejected an application by a Colorado company to use bacteria to produce methane from northeast Wyoming coal beds. Luca Technologies Inc. wants to use a process called methane farming in which water and chemicals are injected ...and more » |
New York Times (blog) |
Management Buyouts Can Be Too CozyNew York Times (blog)That seems to be the case with the board of Venoco, a California oil company that is the subject of a proposed $770 million management buyout. On Jan. 16, the Venoco board of directors agreed to let the company be acquired by its chairman and chief ... |
|
