Project management and risk hedge of contract : Points to keep in mind on contracts with business partners

Abstract

In terms of project management of software developments, cost control is well recognized as a crucial point in many cases. However, it is hard to say that conditions of contracts with business partners are recognized as a same priority as cost control. In fact, it is required to recognize that conditions of contract involve the cost deeply. This report clarifies risks of outsourcing and also explains the points which should be reflected on conditions of contracts for risk hedge.