User Account

All Pages

Difference between making software and buying

Assignment Help Project Management
Reference no: EM133427683

Sheila is the project manager for an IT project to develop a software system. She calculates that the in-house solution will cost the company $2000 to create the software package and $100 per month to maintain the software. Mark, the buyer for the project informs Sheila that it would cost $1500 to purchase the software. The supplier requires an extra $1000 to make some changes to the software to fit with the project requirements. He is also asking for a $140 monthly maintenance fee.

1. What is the difference between making the software and buying it? (without maintenance fees)

2. What is the difference in supporting the software per month.

3. If the software is to be replaced after one year, is it better to buy or make this software? 4. How much would they save by following your suggestion?

Reference no: EM133427683

Questions Cloud

Collaborative planning forecasting and replenishment : How often should the Collaborative Planning Forecasting and Replenishment (CPFR) process be performed?
Identify the knowledge dimensions : Identify the knowledge dimensions that will be necessary to complete this project.
Define three of six sociocultural : Define three of the six Sociocultural and three of the six Technical Dimensions of Projects that applied to your project.
Customer satisfaction is key to success in institution : Customer satisfaction is the key to success in every institution. Utilizing research by providing better customer services is what companies are doing today.
Difference between making software and buying : What is the difference between making the software and buying it? What is the difference in supporting the software per month.
Considers the cumulative effect of all risks : In many risk programs, risks are managed individually. A robust risk program, however, considers the cumulative effect of all risks.
Case problem project portfolio management : What are the benefits and challenges of implementing a project portfolio management (PPM) system,
Improvement requirements to partnership operations : Implement at least one of your identified improvement requirements to the partnership operations.
Prepare some high quality publications itself : Suppose your company is trying to decide whether it should buy special equipment to prepare some high quality publications itself

Reviews

Write a Review

Project Management Questions & Answers

  Choose a a simple project like johns move

Choose a a simple project like John's move with which you are familiar and establish a time management plan by performing the same tasks.

  Write the project management plan

You're getting ready to write the project management plan. What steps need to be taken in order to write the project management plan?

  Recommendation for the future direction of the company

You have been asked to give a presentation on your recommendation for the future direction of the company. What would you recommend and why?

  Communication in businesssoftware best useresearch the

communication in businesssoftware best useresearch the latest trends of electronic media in the workplace. write a

  Performance dashboards

What training will be required if any, and what IT support will be necessary to maintain and sustain the dashboard

  Develop an activity network diagram using excel template

Using the data provided in the Excel template develop an activity network diagram. Note an example is created for you in Excel that you can alter.

  Make a project evaluation consisting of a one-page survey

Make a Project Evaluation consisting of a one-page survey for your class project. The survey should include: A brief introduction describing the project.

  Define the project and capture the key parameters

Prepare a Project Charter to define the project and capture the key parameters for your project, to be referenced by anyone involved in the project

  Examining the earliest project tracking devices

Why was one of the earliest project tracking devices referred to as an S-curve? Do you see value in the desire to link budget and schedule to view project.

  Find the marginal revenue at a production level

Find the marginal revenue at a production level of 1,600 pairs and interpret the results.- Find the marginal revenue at a production level of 2,500 pairs, and interpret the results.

  Should nonprofits put more effort into using social media

Book: Patria de Lancer Julnes and Ed Gibson. (2016). Innovation in the Public and Nonprofit Sectors. Should nonprofits put more effort into using social media?

  Evaluate the role of the strategic planning process

Identify and appraise the different possible staffing approaches for an IT Department and Critically analyse and evaluate the role of the strategic planning

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd