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PGMP · Question #332

You are the program manager for your organization and you're trying to determine if you buy or build a software solution for your organization. If you build the solution it'll cost you $75,000 to crea

The correct answer is C. Approximately 3.5 months. This is a break-even analysis. Set the total costs equal to find the crossover point: In-house cost = $75,000 + ($12,000 × months). Vendor cost = $63,000 + ($15,500 × months). Setting them equal: 75,000 + 12,000x = 63,000 + 15,500x → 12,000 = 3,500x → x = 12,000 ÷ 3,500 ≈ 3.43 mo

Life Cycle Management

Question

You are the program manager for your organization and you're trying to determine if you buy or build a software solution for your organization. If you build the solution it'll cost you $75,000 to create and it'll cost you $12,000 per month to support. If you hire a vendor they can build the solution for $63,000 but their solution will cost you $15,500 per month to support. How many months would you have to use your in-house solution to equate to the cost of the vendor's solution?

Options

  • AApproximately 6 months
  • BYou'll never be able to equate to the cost of the vendor's solution.
  • CApproximately 3.5 months
  • DApproximately 10 months

How the community answered

(56 responses)
  • A
    13% (7)
  • B
    5% (3)
  • C
    79% (44)
  • D
    4% (2)

Explanation

This is a break-even analysis. Set the total costs equal to find the crossover point: In-house cost = $75,000 + ($12,000 × months). Vendor cost = $63,000 + ($15,500 × months). Setting them equal: 75,000 + 12,000x = 63,000 + 15,500x → 12,000 = 3,500x → x = 12,000 ÷ 3,500 ≈ 3.43 months. This rounds to approximately 3.5 months, meaning after roughly 3.5 months of use, the in-house solution equals the vendor solution in total cost. Answer: C.

Topics

#Make-or-Buy Analysis#Financial Management#Cost Analysis#Program Planning

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