I’m working on a business exercise and need the explanation and answer to help me learn.
One of the analyses to be made is that of different implementation options. Is it better to perform all or part of the project in-house, or should it be outsourced? These analyses can be made at any time during the project life cycle, but major such procurement decisions are made during the planning phases. Select at least two appropriate activities that are being planned for ultimate inclusion in the WBS and Schedule, and perform a make-or-buy analysis on each. In particular, using algebraic techniques, find the break-even time, in terms of either days or weeks, for each of the two comparisons. Make assumptions as necessary in terms of costs and benefits.