2. Process of Management consulting
Consulting Proposals
Identification and Definition of Problem
Fact-Finding Leading to Solution Development and
Implementation,
Developing Strategic and Tactical Plans and subcontracting
Pricing of Consultancy
Acquiring and Developing Talents for Consulting.

3. Subcontracting
• The practice of assigning part of the obligations and
tasks under a contract to another party known as a
subcontractor. Subcontracting is especially prevalent
in areas where complex projects are the norm, such as
construction and information technology.
Subcontractors are hired by the project's general
contractor, who continues to have overall
responsibility for project completion and execution
within its stipulated parameters and deadlines.

4. Subcontracting
• Subcontracting is very useful in situations where
the range of required capabilities for a project is
too diverse to be possessed by a single general
contractor. In such cases, subcontracting parts of
the project that do not form the general
contractor's core competencies may assist in
keeping costs under control and mitigate overall
project risk.

5. Subcontracting
Contracting Subcontracting
• Contractors provide agreed • Subcontractors undertake a
services to a client for a set contract from the contractor.
fee - and possibly duration - • Subcontractors can be
under a contract for services. anything from an individual
• Contractors can charge the self-employed person . A
client fees by the hour, day or subcontractor has a contract
on a lump-sum basis. Their with the contractor for the
contracts often specify services provided - an
milestones for part payment, employee of the contractor
eg on completion of specific cannot also be a
goals. subcontractor.