Develop a statement of work (SOW) for the shopping cart development project. The SOW is a document prepared for the vendors that describes thoroughly the product being sought. The SOW should contain

• An introduction and overview section, which includes some background information about your project, the scope of work, and the objectives of the project being outsourced

• A requirements section for the shopping cart feature

• The list of deliverables

• A list of milestones

• Any other considerations Many companies do not have the required personnel or expertise to develop the systems that they need.
Consequently, when these companies need new systems, they elect to outsource such projects to other companies that specialize in systems development. This process is known as procurement and involves the acquisition of goods or services from an outside source. The advantages associated with outsourcing include the availability of knowledge and expertise that might not be available internally, an increase in the revenue potential of the acquiring organization, and a reduction of time to market the final product.