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It means figuring out whether or not you should be contracting the work or doing it yourself (Analysis of cost to build it versus buy it). It could also mean deciding whether to build your own solution to your problem or buy one that is already available in the market. Other factors to be consider while doing analysis is, how will this decision affect the scope of the project ? what about project schedule ? Do we have time to do the work and still meet commitments etc.
A complete cost analysis about the project,before you buy the goods. Analysis of Project duration, project cost and many more perspective.
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