Document Type
Project
Publication Date
Fall 1993
Instructor
Richard R. Deckro
Course Title
Engineering Economic Analysis
Course Number
EMGT 535
Abstract
The author of the paper performs a cost-benefit analysis to determine whether to make or buy a software package. If a program is developed in house, whatever the organizational Software Department could have accomplished during the time it spent developing the system is determined. However, adoption of an off-the shelf package means that the benefits of having a "perfect" package will be lost. The opportunity cost would be an estimate of those benefits lost over the period the software packaging is to be used, minus the additional expenses involved in developing a "perfect" package.
Rights
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Persistent Identifier
http://archives.pdx.edu/ds/psu/22917
Citation Details
Rivera, Fernando E., "Cost and Benefit Elements of a Tailored Application versus an off-the-Shelf Package and the Manager's Role." (1993). Engineering and Technology Management Student Projects. 899.
http://archives.pdx.edu/ds/psu/22917