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Daily meeting with outsourcing team, advisable or not?

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We are outsourcing the complete refactoring of our software. 

We expect architectural changes as well as functional and GUI changes in an incremental manner.

I expect the outsourcing company to work in agile way and I'm in charge of assessing their proposal and I will also be the main technical contact point in the project.

Should I require to participate in the daily meetings at least as a listener? 

Will such participation requirements  be considered harmful or absurd? Or what could be the consequences (project cost will be higher?)


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