Outsourcing engineering services - The business side of the business
This paper provides the guidelines for identifying, evaluating, and selecting the appropriate type of outsourcing personnel and estimating the costs associated with using these resources. A description of available personnel resources (consulting companies, service companies, contractors and semi-retired) are provided along with their applicability and usefulness to fulfill outsourcing engineering requirements. Each of these classes of personnel also command a different price in the marketplace. The means of simply estimating these costs is provided. The rationale for these costs are developed and also presented. The information presented is useful for all petroleum company managers involved with outsourcing engineering services. This information will provide management with the guidelines for selecting a service provider which will fit their needs. The methods presented for estimating costs will assist planning and budgeting of outsourcing expenses. As oil and gas companies downsize many personnel have become consultants or contract service providers to the petroleum companies. This paper will provide these people with guidelines for positioning themselves in the market. In addition, it also provides a method of determining their true costs. This paper will not discuss the correct pay for full time employees. It will discuss what a petroleum company should expect to pay and what the service provider should expect to receive based upon the base salary of a full-time employee for the equivalent job within a petroleum company.
- OSTI ID:
- 468198
- Report Number(s):
- CONF-961003-; TRN: 96:006577-0003
- Resource Relation:
- Conference: 71. annual technical conference and exhibition of the Society of Petroleum Engineers, Denver, CO (United States), 6-9 Oct 1996; Other Information: PBD: 1996; Related Information: Is Part Of 1996 SPE annual technical conference and exhibition: Production operations and engineering/general; PB: 892 p.
- Country of Publication:
- United States
- Language:
- English
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