Software Development Outsourcing Risk Management Of China Telecom International Network Message Monitoring System

With the development of economic globalization, communication and internet technology developed rapidly. Software outsourcing increase dramatically as well. These software project bring both economic growth and problem. To a certain extent, the capability of telecommunications to management of the IT system development becomes more important. Telecom operators would like to outsource their information technology service more than before which required by the practice. In all kinds of information technology outsourcing, software development outsourcing is the most contacting and broadest using in the enterprise IT construction process, Competition leads to profit lower, period less, higher requirement and more functions. Software risk management aims to identify all possibilities of risk as soon as possible. Avoid the risks occurring effectively by some process and method to minimize the negative impact to the project development period, costs and quality. A series of methods should be introduced when needed in order to identify, minimize the risk.This essay is based on the theory of information technology outsourcing and risk management. From the perspective of the contract-issuing party, using fishbone chart to identify the different phrases risks of China Telecom international network message monitoring software development outsourcing, and emphasize the importance of information exchanging and communication between contract-issuing party and contractor in this process. I also adapt qualitative assessment and quantitive assessment to this outsourcing. In the end, I exert the methods of risk prevention and mitigation to make the risk treatment. To sum up, I elaborate the value and role of risk management in the telecommunication industry software development outsourcing thoroughly. I proposed that the contract-issuing party to be possible to pass a reasonable outsourcing decision-making, refinement and screening outsourcing demand, choosing the appropriate contractor, flowed formulation standard outsourcing implementation and so on. These risk management measures of outsourcing project can reduce the software outsourcing risk to the most mild degree.