Solution for QID #26490: Determining when to develop a system in-house or to purchase | StudyHelpMe

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 Identify risks Contain a maintenance plan Contain at least 2 references Contain charts or outlines