Question: PMM 711S QUESTION 3.2 1. Why would you rather outsource your software development rather than develop it in-house? (30 Marks) Please answer in a broader

PMM 711S

QUESTION 3.2

1. Why would you rather outsource your software development rather than develop it in-house? (30 Marks)

Please answer in a broader way by

1. Highlighting the characteristics of outsourcing

2. Quantitative factors

3. Qualitative factors

4. Buying (outsourcing) decision

5. Cost advantage

6. Insufficient capacity

7. Access to the large pool of workers

8. Quality

9. Improved customer service

10. Advantages and disadvantages of outsourcing

12. Making (in-house) decisions

13. Protect proprietary technology, no competent supplier, better quality control, lower cost, control of lead-time, transportation, and warehousing costs.

14. Advantages and disadvantages of insourcing

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

PMM 2nd Opp June 2019 3.1 Discuss why you rather outsource your software development than develop it in-house? (30 Marks) Please discuss it in a broad way. 1. Why sourcing 2. Tactical sourcing 3....

PROJ6000: Principles of Project Management Assessment Assessment 2 - this is actually a case study and its called a Individual Report: PMBoK versus PRINCE2 or Agile in contemporary projects . so one...

1. Read the case study below. This will form the basis for your Project Charter, because you will assume that you are the project manager for this project. 2. After reading the case study, begin to...

1. Read the case study provided below. This will form the basis for your Project Charter, because you will assume that you are the project manager for this project. 2. After reading the case study,...

Individual Case Analysis Four cases are available from Harvard (see first : Case pack of 4 cases available at: http://cb.hbsp.harvard.edu/cbmp/access/49960103 ). Answer each of these questions in...

Help me please. In the month of September, all of the walmart grocery stores in Virginia sold 429,382 eggs. In that same month, all of the walmart grocery stores in Texas sold 283,054 eggs. How many...

QUESTION 2 (20 marks) What was the business situation of Yeayyy.com by end 2014? Use SWOT-TOWS matrix to support your analysis of the companys situation. Answer ALL FIVE (5) ROWS Zoom Window Macros...

Hastur Hospitality offers a quaint bed-and-breakfast (B&B) experience in the coastal city of Innsmouth in northeast Massachusetts. Demand comes both from travelers visiting the town of Innsmouth as...

2. (25 points) Determine whether each of the following belongs on the asset side or the liability side of the balance sheet identified in parentheses. a. $20,000 loan for a new automobile (balance...

Which of the following accurately describes the audit risk model? a . Audit risk = Risk of material misstatement * Inherent risk b . Audit risk = Inherent risk * Control risk * Detection risk c ....

PR 7 - 5 A Segment variable costing income statement and effect on operating income of change in operations Obj. 4 Contribution hargin, Size S , $ 2 3 5 , 5 2 0 Valdespin Company manufactures three...

=+in TV production, while Russia has very rapid growth in the money supply and no technological progress in vodka production. Based on this information, what would you predict for the real

=+exchange rate (measured as bottles of vodka per TV) and the nominal exchange rate (measured as rubles per yuan)? Explain your reasoning. (Hint: For the real exchange rate, think about the link...

=+ 9. Oceania is a small open economy. Suppose that a large number of foreign countries begin to subsidize investment by instituting an investment tax credit (while adjusting other taxes to hold...