Find suitable IT service providers & digital experts faster (Part 2)
In this analysis series, we look at how companies can quickly find IT service providers and digital experts who exactly match their project requirements. To this end, we give recommendations on what to consider when tendering for IT projects. In our first analysis we have shown how to minimise the time needed to award a contract by means of a precise description of the requirements and meaningful titles. In this second part, we will now focus on the framework data of a project: onsite vs. remote, part-time vs. full-time and the duration of a project.
Remote working and part-time options make projects more attractive
Especially now, in times of Corona, the topic of remote work is hotly debated. For some time now, studies have shown that working in a home office can be more productive, make employees happier and result in fewer sick days . Since the Corona crisis, more and more companies are discovering that their workers are more productive and flexible in the home office [2, 3]. On the other hand, simply switching to remote working does not guarantee satisfied employees and productivity growth if this switch is not done properly. Poor technological infrastructures can lead to problems accessing necessary tools and data, delaying work and even reducing productivity . Communication and collaboration can also become more difficult, which many remote workers consider to be the biggest challenge of distributed working .
Remote work more popular than ever
Ultimately, depending on the individual project, it must be decided whether and how much onsite presence is absolutely necessary. With regard to productivity, however, there are some indications, as described, that this can even increase. More and more clients of IT projects seem to be of this opinion. Because as we last have shown, remote is the trend. Currently, the share of projects that at least partially involve remote work is almost 30 % - with a clear upward trend.
And the possibility of remote work also has a significantly positive effect on the award duration. Projects with a remote component are awarded about 3 days faster across all platforms than projects that do not allow remote work. IT service providers and digital experts are big proponents of remote work. Family friendliness, shorter commutes and team support, and many other advantages make remote work attractive.
Reduce award duration with part-time projects
The same applies to part-time: our analysis of the award duration has shown that part-time projects are awarded more than 2 days faster on average than full-time projects. IT service providers and digital experts often do not have the capacity for another full-time project, so part-time projects are extremely popular. In addition, part-time projects during parental leave are a good way to combine work and family. When tendering for projects, it should therefore be carefully considered whether the project necessarily has to be tendered full-time.
Short projects - short award duration
More than 60 % of all IT projects are tendered for a duration of 6 months or less, 25 % even last 3 months or less. Our analysis shows that this is also the area where the time to award a project is shortest. If a project is to last longer, the award duration is also longer. A project with a duration of 6 - 12 months is awarded on average 3.69 days later than a project with a duration of 0 - 3 months. For a project that is to last longer than 1 year - which, however, is only the case for 7 % of the projects - it can even take a whole 4 days longer.
However, these effects do not necessarily mean that long projects are unpopular among digital experts and IT service providers. On the contrary: many are even precisely looking for longer-term employment. Those who commit themselves for a long time naturally want to make the right decision and take more time - this applies to both sides. So one should plan more time until the award in the case of long-term projects.
Conclusion: The results at a glance
In Part one of our analyses on the topic 'Finding suitable IT service providers and digital experts faster', we showed that a meaningful title and a detailed description shorten the time it takes to award an IT project. The results of this second analysis are as follows:
- Remote work makes projects more attractive for IT service providers and digital experts. Studies also show that productivity and satisfaction can be increased through remote work.
- Part-time projects are awarded more quickly.
- Projects that are expected to last 6 months or less are awarded more quickly. Longer projects can still be attractive for IT experts and service providers.
Are you looking for IT service providers or solo digital experts for a project in your company? At Lyncronize we support you with our skill-based matching to find IT experts and teams that exactly fit your project.
-  https://www.gsb.stanford.edu/faculty-research/working-papers/does-working-home-work-evidence-chinese-experiment
-  https://www.iwgplc.com/global-workspace-survey-2019
-  https://www.pwc.com/us/en/library/covid-19/us-remote-work-survey.html
-  https://www.techrepublic.com/article/survey-49-of-remote-workers-report-a-drop-in-productivity/
-  https://lp.buffer.com/state-of-remote-work-2020