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You are the project manager for an upcoming outdoor concert event. You're working on the procurement plan for the computer software program?

that will control the lighting and screen projections during the concert. You're comparing the cost of purchasing a software product to the cost of your company programmers writing a custom software program. You are engaged in which of the following?

A. Using expert judgment

B. Make-or-buy analysis

C. Procurement planning

D. Creating the procurement management plan

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Question added by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.
Date Posted: 2017/09/23
Kenneth McDonald
by Kenneth McDonald , Safety Engineer , CFSE-P

the Answer to this question is B

Ahmed Mezyed
by Ahmed Mezyed , Project Manager , Walid Fazel Ghazawi Est.

The correct answer is C

Make or buy analysis results in a decision as to whether particular work can best be accomplished in home or needs to purchased from outside sources.

kasule henry
by kasule henry , access engineer/Net work , Sombha solutions store

Creating the procurement management plan

Muhammad Farooq
by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.

Answer: B

Explanation:

Make-or-buy analysis is determining whether it's more cost effective to purchase the goods or services needed for the project or more cost effective for the organization to produce them internally.

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