(Length: 5 pages)

May 15, 2006

Use The Vendor Selection Process To Manage Business Risk In Outsourcing Deals

This is the third document in the "Place Your Bets! Outsourcing Risk Management" series.

by Paul Roehrig, Ph.D.

with Christine Ferrusi Ross, Katherine Brown


Executive Summary (This is a document excerpt)

Getting from RFP to signed contract can seem like running uphill for months. But one of the more subtle customer benefits to this process — if it's managed right — is a stronger foundation for enterprise risk management (ERM) associated with the deal. Forrester interviewed leading sourcing deal advisors to identify principles and tactics that customers should take to strengthen a foundation of risk management. This third document of the series focuses on specific tactics for the solution development and vendor selection phase of an outsourcing deal that help build a foundation for business risk management.

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Analyst: Paul Roehrig, Ph.D.
Technology: Governance, Risk, & Compliance, IT Management, IT Services, Security & Risk, Sourcing & Procurement, Sourcing Strategy & Execution, Vendor Management
Geography: Asia Pacific, Europe, North America