Tegan & Hrad cases Case Study Example | Topics and Well Written Essays - 1250 words

Tegan & Hrad cases - Case Study ExampleThe indorse point is that Hrad Technika agreed to take the be sick on a fixed return basis, which means that Tegan had managed wizard of the fundamental attempts of project management, which is cost. The third issue was Hrad Technika delivery record, which had been above par before the A/P project. These reasons gave Tegan strong reasons to feel safe with Hrad Technica. The other options, such as developing the system locally did non have such strong incentives as at the time of commissioning the project. There was the risk that the project would consume more time and resources compared to outsourcing it.The first trade off is that in that respect is a serious risk that the caller-out will developed biased plans. Being a participant on both sides of the mastery process gives the family undue advantage and produces it hard for it to develop an objective requirements analysis.The second tradeoff is that there would be loss of detail in t he development of the requirements. This comes from the self-confidence the bidding party has that may make them feel some details are not necessary to include in the requirements analysis. In this case, it is plain that Hrad Technica underestimated the cost and the duration it would take to develop the project when it developed the requirements analysis.The third Risk is that the bidding company may end up fitting the requirements analysis to their capabilities. They will interpret the needs of the client company in light of their capabilities, and not necessarily in the context of the needs of the client companyThe utmost risk will be lack of ownership of the project by the client company. The clients company rump disown any problems that accrue from the implementation of the project even if they are genuine simply because of heightened expectations that the company that developed the needs requirement understands their needs well enough.On the other hand, such an arrangement stool end up in the development of