IT Project Outsourcing license a company carry out the whole project using the resources of another firm. Well, outsourcing your project can be of more help if you do it in an advanced and modified way. This strategy could be highly beneficial for your business if the project is outsourced to professionals and specialists in their respective fields. There are various ways and processes in which project outsourcing can be carried out depending on the fact that one may be preferable over another. So let’s give a look at the three main types. Onshoring: This can be defined as relocation of work and services in a company's own country probably because of the most genuine reason for cutting costs. Offshoring: This process is about shifting projects to third-party providers abroad/overseas. Nearshoring: It’s all about the transfer of the project or work in nearby often bordering regions and countries. The projects are outsourced through best platforms including Upwork, Freelancer.com, Guru, Amazon’s Mechanical Turks, and many like these. These websites are of more help because of the ongoing crises the world is facing right now namely Covid-19, due to this pandemic, many workers lost their jobs but are showing their specialization while taking small projects from the above-mentioned platforms. So yes for sure this fact is undeniable that advanced technology has made everything possible you can work a few hours and hence earning a handsome amount of money for living. Outsourcing requires, more than a simple hand-shake. When a project is outsourced there are commitments reflected, those include well-defined requirements and procedures which will be the most important bit for any kind of project if the contract is well defined and clear enough then surely there will be measurable outcomes. There are more frequent reviews and status updates in which probably all the key personnel from all involved organization meets on a regular basis to evaluate the updates about the projects. Furthermore, there is a need to be Well-Established Conflict management process in place, it is quite normal that the conflicts are unavoidable on the outsourced project since people can have a different point of view and different ways to do his or her work so there is a development of strict rules and regulation to handle such situations. Few other ways in which project outsourcing is carried out are Fair and Incentive-Laden Contracts, well few companies realized that contracts can hinder the enhancement in revolution but however performance-based contracts are very popular in the market when it comes to outsourcing, contacts are supposed to be fair mentioning the deserving amount to be awarded, time requirements and all required conditions by the worker or company to whom project is outsourced, Well nowadays there is the establishment of a long-term partnership contacts hence bringing many advantages for both parties few advantages includes a reduction in administrative cost. Then comes the Co-Location when Needed which is a smart move taken by many companies this procedure include the provision of necessary accommodations by a company so that all key personnel can work collectively together which allows a high degree of face-to-face interaction so that team can coordinate activities, solve difficult problems and form a common bond which can increase the rate of project successfulness. These are a few ways in which project is outsourcing is carried out.