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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: 2016/07/16
kasule henry
by kasule henry , access engineer/Net work , Sombha solutions store

B. Make-or-buy analysis because it is an upcoming

Abdul Rehman
by Abdul Rehman , Electrical Engineer , Tamdeed Projects

I would like to select B as my answer.

Ksenija Kancelak
by Ksenija Kancelak , Construction Project Manager , City of Koprivnica, Koprivnica (Croatia)

My opinion is that the answer is B

Ahilan R
by Ahilan R , Scientific Assistant-D , Nuclear Power Corporation of India Ltd (NPCIL)

B. Make-or-buy analysis  is the correct answer

Hassan El Debbes
by Hassan El Debbes , Marketing Growth Advisor , Looksie Online Marketplace

The answer is B. Make-or-buy analysis.

 

B. Make-or-buy analysis : Very important exercise which unfortunately many organizations don't do. Mandatory to be done to identify opportunity costs. 

Ravichandran CSCP
by Ravichandran CSCP , Supply Chain Consultant & Trainer , Freelancer

Make-or-buy analysis while it was customized software

Joan Galimon
by Joan Galimon , Workers , Rebisco Biscuits Corporation

C.Procurement Planning,ofcourse you need to do that first.

Abu Bakar Siddique
by Abu Bakar Siddique , Procurement / Purchase Executive , Younone sports shoes Ind. LTD.

D. Creating the procurement management plan

 

IMRAN ALI KHAN Imran
by IMRAN ALI KHAN Imran , Business Development Executive , Interlink Communication Private Limited

The best suitable answer for the question is Option ''A'' which is Expert Judgments. In expert one get to know with alot of opinions regarding an issue of the project due to which we can cover Make or Buy Analysis and remaining two steps as well.. Regards

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

The most suitable option is

B. Make-or-buy analysis

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