Perform financial analysis of total costs for each proposal


Assignment

For this assignment, you will develop 3 proposals for your development strategy, which include outsourcing (buy), insourcing (make), or a combination of both. You will present the pros and cons of each, along with a financial analysis. Finally, you will make a recommendation on which is the best proposal or strategy.

The project deliverables are as follows:

• Update the System Requirements, Design, and Implementation Specification title page with the new date.

• Update the previously completed sections based on the instructor's feedback.

• Development Strategy

o Develop a proposal for each of these approaches: insourcing, outsourcing, and a combination of the two.
o Present the pros and cons or benefit analysis for each of the 3 proposals.
o Perform a financial analysis of the total costs for each proposal that includes ongoing support and maintenance.
o Recommend 1 of these proposals and your reason for selection of that proposal.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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