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We can conclude that contracting does have many benefits which are mentioned below:
? Division of labour.
? Synergy of expertise.
? Sharing of risks.
To avoid the negative aspects of contracting closed attention must be given to the following:
? Selection of efficient contractors.
? Clear evaluation of bids.
? Accurate measurement and control of contract performance.
Constraints There are a number of constraints under which resource sharing networks must operate. Some of these are briefly discussed in this section. Of course, these constra
Ordering Procedure: We have discussed the procedure until the selection is finalised and the lists and the cards are forwarded to the Procurement Section for placing orders.
factors affecting project life cycle
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