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How To Achieve Project Success With Your Outsourced Team?

Project managers are responsible for the overall success of a project. However, this is not an easy task; it's almost impossible. <br><br>But don't worry, this presentation will help you manage your outsourced team so that you don't have to worry about losing money on your project.<br><br>This presentation will help you to understand:<br>Why outsourced projects fail? <br>Developing outsourcing strategy<br>Choosing the right outsourcing partner<br>Working with the outsourced team<br>Monitoring team progress <br><br>If you want to learn through the video, Do watch the webinar here: https://youtu.be/BriR9g2SSVA

MindbowserInc
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How To Achieve Project Success With Your Outsourced Team?

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  1. How To Achieve Project Success With Your Outsourced Team Vishvajit Sande Mindbowser Webinar Series www.mindbowser.com

  2. About the Speaker Vishvajit Sande Head of Delivery at Mindbowser 10 years of experience in the tech industry Helped 20+ startups build their first version/MVP 5+ years of experience in running Google Design Sprints

  3. Step 1:Make a LinkedIn post about your learning from this webinar. Step 2:Tag Vishvajit Sande & MindBowser Inc in the post First 5 to post win a free copy of the book!

  4. What will we cover today? Choosing right outsourcing partner Developing outsourcing strategy Monitoring team progress Why outsourced projects fail? Working with outsourced team Book Giveaway Q&A Facts & Numbers

  5. Where are we? Choosing right outsourcing partner Developing outsourcing strategy Monitoring team progress Why outsourced projects fail? Working with outsourced team Book Giveaway Q&A Facts & Numbers

  6. Global Outsourcing Market estimated $425.19 B by 2026 Facts and numbers Market Value (Statista) Global Outsourcing Market was $92.5 B in 2019

  7. 57% outsource to focus on core business Facts and numbers Major Motivation (TeamStage) 59% outsource to cut costs

  8. 28% outsource to meet business needs Facts and numbers Major Motivation (TeamStage) 47% outsource to solve capacity issues

  9. Where are we? Choosing right outsourcing partner Setting onboarding process Developing outsourcing strategy Monitoring team progress Why outsourced projects fail? Book Giveaway Q&A Facts & Numbers

  10. Why do outsourced projects fail? Case Studies IBM and Queensland Disaster State of Indiana and IBM Accenture and Hertz

  11. Why do outsourced projects fail? Major reasons No direct involvement with the development team Communication gaps Low quality work Conflicting interests

  12. Where are we? Choosing right outsourcing partner Developing outsourcing strategy Monitoring team progress Why outsourced projects fail? Working with outsourced team Book Giveaway Q&A Facts & Numbers

  13. Outsourcing Strategy Layout the objectives Communicating the objectives Use the objectives as a base to set the agreement Choose the right staff augmentation model Stick to the goal

  14. Outsourcing Strategy Assessing the risks Influence on development strategy Unanticipated expenditure Language barriers Time zone factors

  15. Outsourcing Strategy Define scope/skills Clearly define the scope of your project (Fixed scope) Define the skills you are looking for (T&M) Leave no room for assumptions

  16. Outsourcing Strategy Define financial terms Set out a development budget and payment terms Define the payment schedule Set process around approval of cost overages

  17. Outsourcing Strategy Appoint a SPOC Smoother communication Faster exchange of information Project management

  18. Where are we? Choosing right outsourcing partner Developing outsourcing strategy Monitoring team progress Why outsourced projects fail? Working with outsourced team Book Giveaway Q&A Facts & Numbers

  19. Choosing Right Outsourcing Partner Look for expertise Technical expertise Similar projects Experience in solving complex problems Passion for your project

  20. Choosing Right Outsourcing Partner Ask for references Ask for references of 2-3 clients Verify if their experiences are in line with your expectations

  21. Choosing Right Outsourcing Partner Communication skills and proactiveness Evaluate the skills of the PM team Check proactiveness throughout the process

  22. Choosing Right Outsourcing Partner Pick who understands importance of planning Check for the teams who emphasize planning Understand the process and see the time allocation for planning

  23. Where are we? Choosing right outsourcing partner Developing outsourcing strategy Monitoring team progress Why outsourced projects fail? Working with outsourced team Book Giveaway Q&A Facts & Numbers

  24. Working with outsourced team Set onboarding process for new members Share your vision and product roadmap (example) Product walkthrough Vision meeting call recordings Introduce to the entire team over video calls

  25. Working with outsourced team Consider the team as your OWN A passionate team member will help you achieve the difficult goal Build ownership in your team

  26. Working with outsourced team Know your team Monthly or quarterly 1-on-1 Understand professional goals and align them with work

  27. Working with outsourced team Feedback Personal feedback over call Anonymous feedback through forms Set monthly calls with the management to discuss team feedback

  28. Working with outsourced team Set expectations from both ends Define a process document (example 1)(example 2) Define clear roles and responsibilities Define escalation matrix (example)

  29. Where are we? Choosing right outsourcing partner Developing outsourcing strategy Monitoring team progress Why outsourced projects fail? Working with outsourced team Book Giveaway Q&A Facts & Numbers

  30. Monitoring Team Progress Retrospective meetings Create an environment of constructive criticism Be open to see challenges and improve

  31. Monitoring Team Progress Set measurable metrics Don’t micro-manage Create metrics around - Task completeness (example)- Quality of delivery (example)

  32. Where are we? Choosing right outsourcing partner Developing outsourcing strategy Monitoring team progress Why outsourced projects fail? Working with outsourced team Book Giveaway Q&A Facts & Numbers

  33. Step 1:Make a LinkedIn post about your learning from this webinar. Step 2:Tag Vishvajit Sande & MindBowser Inc in the post First 5 to post win a free copy of the book!

  34. Where are we? Choosing right outsourcing partner Developing outsourcing strategy Monitoring team progress Why outsourced projects fail? Working with outsourced team Book Giveaway Q&A Facts & Numbers

  35. Q&A Scan to connect on Linkedin

  36. Thank You Stay in touch Email:vish.s@mindbowser.com Phone: +1 408 786 5974 Whatsapp: +91 814 962 4368 Website: www.mindbowser.com Scan to connect on Linkedin

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