Outsourced IT Service Industry

Comment from a colleague about outsourcing in IT industry:

 

A general scenario in IT industry as on date

Project Team’s estimate: 100MM

Customer Agrees To Pay: 80MM

Project management keeps some buffer

Finally just 60 MM is made available to the team for project execution.

Don’t you think this needs to change?

 

I agree and have been trying to revive this age-old trend for quite long time. The problem is that they don’t want to change…so far!

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