Final answer:
It is true that assessing the fit with an outsourcing vendor's project management system is a prime consideration in the selection process. This ensures effective communication and quality control for project integration within a company's operations, especially in the face of global outsourcing trends.
Step-by-step explanation:
The statement that a prime consideration in choosing outsourcing vendors is to assess the fit with their project management system is TRUE. When selecting outsourcing vendors, it's essential to consider how well their project management systems and practices align with your organizational needs.
This is because successful project execution depends on effective communication, timelines, and quality control, which are all governed by project management principles. In recent years, the trend of outsourcing to developing nations has impacted the job market, reducing the number of high-paying jobs in both blue-collar and white-collar sectors and compelling businesses to look for cost-effective solutions without compromising on productivity and quality. Hence, evaluating the capability of an outsourcing vendor in terms of their project management systems is crucial for ensuring the seamless integration of outsourced tasks within the company's existing operations.