Allows a company to execute entire projects using the resources of another firm. In some cases, this can also take the form of “out tasking”, where specific tasks of a project might be outsourced to a sub team which is staffed and managed by the outsourcer.
- Reduce training costs: Training and skill development is the responsibility of the outsourcer.
- Best practices: Taking advantage of industry best practices can be accomplished simply by using an outsourcer who follows best practices. Outsourcers shoulder the responsibility of investing in the adoption, maintenance and improvement of best practices.
- Reduce management overhead: Management is the responsibility of the outsourcer.
- Results centric model: The responsibility for delivering results lies with the outsourcer. Companies are buying agreed upon results. Outsourcers are sharing in the risk and rewards of the IT project.