How to manage consultants without giving away the business

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Author: Campbell Cairns

Managing complex technical projects requires expertise and often implies a steep learning curve in unfamiliar technologies, some of which require years of advanced study allied with innate aptitude (financial, mathematical, and engineering knowledge does not come easy). In competitive business environments where failure and success leverage vast amounts of money, it is considered safer and easier to employ a large consulting house with the required skills than to manage complex projects in-house — especially if the project is somewhat divorced from core business and expertise.