Question: Roger the Project Manager is engaging in some Procurement Planning and doing a Make or Buy Analysis for a certain widget the company needs to
Roger the Project Manager is engaging in some Procurement Planning and doing a Make or Buy Analysis for a certain widget the company needs to complete the project. Roger can have the company make the widget or he can have them buy it
Making the widget would require his company to set up a small factory just to create that widget which will later be used in the new product. Creating that small factory would be another project in itself. Buying the widget would require finding a supplier and paying them for it Making the widget in a factory would be more expensive, but buying the widget from a single supplier could also be risky if the supplier goes out of business.
What should Roger do
Group of answer choices
Look for a second supplier and secure both of them.
Cancel the project.
Buy the widget from the supplier.
Make the widget in his company.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
