According to Project Management: The Managerial Process, outsourcing has traditionally been applied to transferring business processes or procedures (Larson & Gray, 2021). When an organization decides to outsource project work, the customer or project manager is frequently responsible for developing a request for proposal (RFP). A well-developed RFP will provide contractors with sufficient guidelines to develop a response, bid or no bid. The final step in the RFP process is to select a contractor.

• What is procurement and whenshouldprocurement be discussed?
• After studying the resource material, affirm3 advantages and3 disadvantages of outsourcing project work.
• How could outsourcing project work be advantageous to project budget and schedule? Share examples.