Project Management

Make or Buy Decisions [Video]

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A blog that looks at all aspects of project and program finances from budgets, estimating and accounting to getting a pay rise and managing contracts. Written by Elizabeth Harrin from RebelsGuideToPM.com.

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Categories: procurement


make or buy decisions

Your project needs things. But should you buy them, or make them yourself?

It’s a big decision, and one that affects lots of industries and deliverables. My experience has mainly been make or buy in the software world. Should we develop our own software, or buy a tool that is known to be best in class?

With software particularly, there are a lot of considerations. Cost. How easy it will be to interface any off the shelf product with your existing architecture. Supporting it once it’s built and installed. Managing upgrades. So many questions!

While this video doesn’t have all the answers, it might help clarify the big picture for you so you can start a confident conversation with your management team about the things you need to procure for your project.

For more information on project procurement and what you should be considering, check out this article.

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make or buy project management decisions


Posted on: September 06, 2019 01:24 PM | Permalink

Comments (2)

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Khai Ng. IT PMO | IT Project Manager| TTGROUP Hanoi, Viet Nam
Thank you for your sharing!

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Alok Priyadarshi Project Manager| Tata Consulting Engineers Limited Jamshedpur, Jharkhand, India
Great post. Thanks a lot!!

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