Choice ,,make or buy” in the case of management of geological exploration projects Cover Image

Wybór „make or buy” na przykładzie zarządzania geologicznymi projektami poszukiwawczymi
Choice ,,make or buy” in the case of management of geological exploration projects

Author(s): Jolanta Dmowska
Subject(s): Social Sciences, Economy, Business Economy / Management
Published by: Wydawnictwo Uczelni Jana Wyżykowskiego
Keywords: geology; exploration; make or buy; exploration projects

Summary/Abstract: The Article describes the basic issues connected with making choice: ,,make or buy”. This choice is typical in the project management, among others in geological explorationprojects. The article describes also essential resources, that participate in the project realisation, and then basic criteria of the choice making, such as: performance, cost and time. Here in after the project phases were described and main reasons of the choice makingin particular project phases were shown. We have with it to recon on every stage of the project. Especially the skills and competences of external companies (choice “buy”) are used in the initial phase of the project and its carrying out. Outsourcing the services to the specialist external company in the initial projectphase could avoid problems with its realisation, because not always the enterprise canforesee all activities and its time and costs. Engagement of the external company in chosen tasks of the carrying project phaseis a result of the fact, that it doesn’t possess “continuously” resources, which are used forproject realisation. Usually it realises the basic activity for which it has directly definedresources. Carrying out the project, excluded from this activity, requires additional resources,which the enterprise has to acquire.Planning organisation project phases as well as closing phase usually are carriedout with the use of internal resources mainly because they require general knowledge,usually available in the enterprise. In conclusion, the choice „make or buy” is the inseparable element during projectmanagement process, among others geological exploration project.