How do you minimize the risk when you outsource any software development?
Outsourcing Software Development is strategy companies adopt to stay resilient and form a better rival in the market. It gives a person a wide range of options to select skilled professionals without retaining them after completing a particular project. Therefore, it also reduces costs and maintains the budget while enabling new approaches and modern technologies and establishing a good market.
But just like any other Business Process, it has its potential risks.
But keeping a few things in mind will help you minimize the risks. So here, we will discuss a few such risks and how to mitigate them.
4 things to keep in mind to minimize the risk when you outsource any software development
1) Proper Communication: One of the most common mistakes companies makes when outsourcing software development tasks are communicating clearly and consistently.
Define timelines: Make a good list of your demands and be resolute regarding the deadline and submission.
Sign the Non-disclosure Agreement: Constantly keep in touch with the team and the project manager. Make sure to sign the Non-disclosure Agreement, which you can sign with your vendor’s partner, and it will help you ensure that your confidential information is safe and not leaked outside.
Ever-changing requirements: Avoid the frequent changes in your needs as much as possible. Frequent changes in conditions will lead to a longer timeline and more efforts, leading to the product’s delay. Instead, please make a list of your requirements and address them initially. Transparency on both ends will allow you to track and keep in check the job’s progress and help make a detailed project plan.
Remember, proper communication is going to get you the desired results.
2) Develop Minimal Viable Product: First, develop an MVP (Minimum Viable Product). MVP is a development technique in which a new product is introduced and good features. The features are enough to get the attention of the consumers. At the same time, the final product is under development and is released only after getting good feedback from the product’s initial users with further changes and modifications.
An MVP allows you to get out in front of initial users and understand how they feel about the product.
An MVP also allows you to test essential functions and features and see if the right actions were made during the initial process. In addition to that, you will also be able to identify any errors and shortcomings and remember what the risk factors were when working further on the final product.
3) Define the User Journey and User Interaction with your software vendor: A user journey is an experience a user has while interacting with software. User journey maps can help you illustrate the overall experience with the software. Creating a User Journey Map includes some steps such as:-
- Creating a persona
- Define your Phases, scenario, and user expectations
- Describe the touch points your customer uses to interact
- Do the research and consider user intention
- Re-examine and identify the points of conflict/friction and resolve them
Handover this user journey map to the Hired team to proceed accordingly.
4) Quality Check: After completing the product/project, be sure to go through everything thoroughly. Then, test it as much as possible and as early as possible.
The more you examine and test the project, the more you’ll be confident about launching it in the market.
In the end, it’s a fact that there is no real solution to eliminating all the risks when you outsource your software tasks. However, you can take a few measures to reduce those risks effectively. We hope the tips we’ve listed above will prove helpful to you when you consider outsourcing software development and reduce the potential risks.