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When outsourcing all or part of a project to another company, what do you think is...

When outsourcing all or part of a project to another company, what do you think is one of the most important areas to cover during the negotiation process and include in the contract?

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Answer #1

When outsourcing all or part of a project to another company, one of the most important areas to cover during the negotiation process and include in the contract is:

The deliverables & timeline for completion of the stages or phases of the project needs to be documented in the included in contract. Based on the same payment needs to be decided. Penalties due to avoidable delays should also be taken care.

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