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Get a grip on managing risks in IT sourcing projects with this comprehensive chapter. Uncover systematic techniques to track, monitor, and manage risks while integrating these processes into your existing project management methods. Learn how to foster transparency and maintain clear communication among stakeholders through effective risk-reporting mechanisms. Embrace a proactive stance with regular risk reviews, assessments, and strategic plan updates, ensuring that your risk management strategies are always relevant and effective. A must-read for organizations aiming to anticipate and address potential threats and drive their IT sourcing initiatives to success.