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!