DEVRY PROJ 410 Week 7 DQ 1

1
DEVRY PROJ 410 Week 7 DQ 1 

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• More often than not, it is more desirable to
  renegotiate a contract than to terminate one.
  What do you think may be some of the effects of a
  contract termination from the buyer's
  perspective? What about from the seller's
  perspective?
• Termination of a BPO contract will cause each of
  the parties to incur additional costs. The
  question to ask would be if the additional cost
  outweigh the risk or cost of not terminating and
  How much are the costs and can they be mitigated.
  Examples of such costs may include additional
  fees to the vendor for providing termination
  services, such as maintaining parallel
  environments and training of customer employees.
• Do you think that the contract structure selected
  for the contract can help reduce or avoid the
  need for renegotiations or terminations? Support
  your answers - elaborate!
• Other than price/cost, why would one renegotiate
  a BPO contract?
• Can you give examples of the absolute need for
  termination?
• In your opinion which contract pricing structure
  better facilitates a contract renegotiation?