Question: Problem 2 : Buy or build is simply the decision. Project A: Outside building. The cost of the decision if you buy the work outside
Problem :
Buy or build is simply the decision.
Project A: Outside building.
The cost of the decision if you buy the work outside of your company is $
Based on your probability of completion by a given date, you apply the percent certainty to the strong finish for the Buy branch of the tree. Because your percent certain, youre also percent uncertain; this value is assigned to the weak value on the Buy branch.
Project B: Inhouse build
If you build the software inhouse, the cost is $
Inhouse teams state they can complete the work on time with percent certainty.
The best decision is based solely on the largest value of all possible decisions. Explain your decision.
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