The 3-point Checklist: Outsourcing your project-based work
The number of businesses that are considering engaging with specialists on a project basis is rising with each new day. The benefits of this model are deemed to be significant for any organisation, both from the perspective of human resource management and financial management.
However, before deciding on this model you should take the time to analyse if it is the right fit for your business. To do this we have created a checklist of the three most important questions that you will need to answer before choosing to outsource your project work.
Do you have the necessary skills and time to carry out the project? Projects differ broadly depending on their length and the scope of skills and abilities they require. For the projects that are based around your primary business operations, your in-house employees might be the perfect fit.
But what happens when you come across a short-term project with a specific set of criteria? Well, that would be the perfect time to outsource to an expert. There is no point in hiring a full-time web developer with the sole purpose of designing your company’s website. A project-based collaboration would be much more reasonable.
There is one more aspect to this question. Should you delegate a long-term and tedious project to an in-house employee with the required skill set? If you are confused about why you should even consider this, let us take a look from another angle.
Assuming that each of your employees has a certain role in the work process, it means that their workdays are already filled with activities and responsibilities. Imagine adding another project to their work packed hours and you will recognise the benefit of outsourcing the work.
What is important in this stage is to carefully evaluate your human resources, so that you can give an informed answer to this question.
Can your organisation support the outsourcing of a project?
This question refers to the project management of the organisation. It mainly depends on the management’s ability to monitor the project operations and the workforce that is outsourced.
Project management is a complex area, built on a set of principle and practices. Its real value can be explicitly recognised at the end of any project. The value of project management can be measured by the delivered results, the project’s efficiency and the advantages it provides to the entire organisation.
Keeping this in mind, it is easy to understand the significance of this checkpoint. As with all human resources, the work of the outsourced project members should be reviewed as the project develops.
However, there are other ways of having control over the project management, without direct involvement. If your company is unable to monitor the project flow end-to-end, you ask the assigned specialist to provide you with frequent reports of the process.
How will you benefit from the project-based outsourcing?
There is no sense in making a business decision that will not bring you some advantages in the business field. When assessing their strategic moves, most organisations start by examining the benefits in terms of financial management.
With project-based hiring the cost-saving perks are straightforward. Compared to full-time employees, project-based professionals pose a significantly lesser financial commitment, from their salary and benefits to logistical costs.
Besides the financial savings, project-based outsourcing will also give you access to skilled professionals who will deliver your projects in a shorter amount of time.