saint prm524 module 6 discussion 2016 sep

Module 6 Discussion, Option #1

Your procurement team is planning to buy low light, network surveillance cameras and digital video recorders (DVRs) for the Genesis System Upgrade project. You must choose between using existing equipment from your internal inventory (several cameras older than five years) to create the network on your own and purchasing new equipment as a bundle from an outside supplier or set of suppliers. Use the Internet to determine a beginning supplier list to answer the following:

• What should go into the make-or-buy analysis?

• What are your seller selection criteria?

• Using cost benefit analysis, what are the pros and cons of sole source procurement versus competitive selection?

• Does the PMBOK® Guide provide guidance on make-or-buy analysis? If so, share at least one insight.