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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 opportuniti
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.
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.
You may use any Microsoft program to create the SWOT analysis.
Your guide should do the following:
List various steps needed to purchase or develop a system in-house
Discuss budget considerations
Discuss staffing considerations
Discuss time considerations
Contain a maintenance plan
Contain at least 2 references
Contain charts or outlines