Wk $5-$ Apply: Signature Assignment: SWOT Analysis $[$due Mon$]$

Exam Content

$1.$

Determining when to develop a system in$-$house or to purchase a COTS system is not always clear. A SWOT $($strengths$,$ weaknesses, opportunities, and threats$)$ analysis brings the strengths and opportunities to a focus point and highlights the threats and weaknesses so an informed decision can be made. This analysis is often completed by the stakeholders, including the business analyst.

Perform a SWOT analysis of buy versus build for your chosen system using the knowledge gained from the Wk $5$ discussion, Purchasing Software Applications. You may use any Microsoft$$ program to create the SWOT analysis similar to the one featured in Ch$.12$ of Information Technology for Management.

Use your SWOT analysis to create a guide for managers at Phoenix Fine Electronics to help determine if the business should build or buy a system. Incorporate feedback from the sourcing plan you created last week. As a guideline, this type of guide should be $4$ to $5$ pages in length with written descriptions, charts, and outlines.

Your guide should do the following:

o List various steps needed to purchase or develop a system in$-$house

o Discuss budget considerations

o Discuss staffing considerations

o Discuss time considerations

o Identify risks

o Contain a maintenance plan

o Contain at least $2$ references

o Contain charts or outlines