A need arose for a tool to standardize the process of choosing a supplier and help the decision team consider more aspects than the bid price. The thesis explores the current methods of choosing suppliers to outsource, as well as issues and risks that need to be considered in the decision.This study provided an example of how the analysis could be applied.
They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. The goal of this thesis is to develop a tool for analyzing the risks associated with outsourcing decisions for corporations.
The typical FMEA was researched and analyzed for its ability to be an effective tool in outsourcing risk decisions.
The Outsourcing Risk FMEA was put to the test through a case study.
The case study analyzed Boeing Commercial Airline's 2003 decision to outsource a section of its 737 Vertical Fin production to Korea Aerospace Industries.
Project management and change management are two very distinct disciplines.
Even with their differences in approach and execution, they are also interlinked and must be aligned.
Despite the development, most change programmes remain poorly planned with lack of formal processes.
In many instances, communication and employee involvement can bring you far but when it comes to the actual change management, a programme with no formal process is more likely to fail.