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Outsourcing of Engineering Services

Outsourcing of engineering services can be to your advantage, if done right. Many companies ask themselves the question of whether to outsource a particular engineering project to another company or to hire someone or several people to do the work in-house, train them and turn them into your own personnel. The answer may not be as straightforward as it may seem. Several key questions need to be answered in order to make the right decision. A wrong decision can be very costly on this front. However, here I will be briefly summarizing one of many approaches that you can use. This approach is an analytical approach.

First make a simple sketch of a table or alike and put down the advantages and disadvantages of either case (outsourcing versus hiring full-time). On a scale from 0 to 5 or 0 to 10, you may rate what each of these advantages and disadvantages may be. Advantages of outsourcing could be such as having to pay less over a long period, as you will not need to pay a salary to employees every month and potentially year af