In the context of project management, what does "outsourcing to a vendor" signify?

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"Outsourcing to a vendor" signifies delegating work to external resources. This approach allows organizations to leverage specialized skills and expertise that may not be available in-house. By bringing in outside vendors, a project can benefit from increased efficiency, access to advanced technology, and reduce the burden on internal teams, who can then focus on core activities or higher-priority tasks.

Using external vendors can also provide flexibility in managing resources, as organizations can adjust their engagements according to project needs without the long-term commitments associated with hiring full-time employees. This strategic decision often leads to cost savings and improved project outcomes, as organizations tap into the expertise that vendors bring to the table for specific tasks or functions.

While other options might seem relevant in a broader project context, they do not accurately capture the essence of what outsourcing involves. For example, delaying project deliverables or reducing project scope do not directly relate to the action of outsourcing, nor does improving internal capabilities; instead, outsourcing often aims at utilizing external strengths rather than enhancing internal skills directly.

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