More IT projects are contracted out today than ever before. Business and agency staffs have become more lean than in years past as those entities have wrestled with uncertain markets and tax bases. Agencies and businesses no longer have the technical and support staff to spare for large project teams, and they cannot afford to train and maintain staffs of qualified IT project managers. As a result, they contract out IT projects in total or in part. It is an act of convenience that makes good business sense but also carries a certain degree of risk.

Q1 What is procurement management planning and why is it so important ...

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