Make or Buy Analysis using DAR (Decision Analysis and Resolution)

//Make or Buy Analysis using DAR (Decision Analysis and Resolution)

Make or Buy Analysis using DAR (Decision Analysis and Resolution)

Link to this original article is present at:

https://medium.com/@balamurali_m/make-or-buy-analysis-using-dar-decision-analysis-and-resolution-c36cd06b4d1e

A make or buy analysis can be used to decide whether project activities should be undertaken by the in-house project team or whether these activities should be contracted to an external vendor. Several factors should to be considered in the make or buy decision such as the availability of the required expertise in-house, organization’s current skills and abilities, cost effectiveness by engaging the external vendors, recruiting more experts, etc.

Decision Analysis and Resolution (DAR) is a technique to analyse possible decisions using a formal evaluation process that evaluates identified alternatives against established criteria. We will use the Decision Analysis and Resolution (DAR) to evaluate different options.

For more details, you can refer to the medium link I had provided earlier.

Also this article in present at my blog :

Make or Buy Analysis using DAR (Decision Analysis and Resolution)

2018-08-23T04:26:43+00:00

About the Author:

Balamurali M
Hello I am Balamurali M. My areas of interest are Data Science, Machine Learning, Statistics, Management, Business analytics and Mathematics. I can be reached at: Twitter : https://twitter.com/Balamu_M , LinkedIn : https://www.linkedin.com/in/balamurali-m-43b022168/

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