Make-or-Buy Analysis is the process of gathering and organizing data about product requirements and analyzing them against available alternatives, including the purchase or internal manufacture of the product
As part of the Procurement Management Plan, we do a Make-or-Buy Analysis
which results in the Make-or-Buy Decision
Make-or-buy analysis may use payback period, return on investment (ROI), internal rate of return (IRR), discounted cash flow, net present value (NPV), benefit/cost analysis (BCA), or other techniques in order to decide whether to include something as part of the project or purchase it externally.
For PMP Exam
On the PMP Exam, questions about Make or Buy analysis will ask you about:
You need to know that both direct and indirect costs are important in Make or Buy analysis.
Don’t think about sunk costs when doing Make or Buy analysis.
Mudassir, the COO of AnaConEx Solutions, oversees operations across Pakistan, UAE, KSA, and the USA. With over 50 successful Odoo implementations since 2020, he ensures tailored solutions for businesses across industries.
With more than 20 years of experience in leadership, project management, and business consulting, Mudassir is passionate about empowering others. He offers PMP Certification courses with a 100% success rate, along with leadership coaching to help professionals unlock their potential.
As a mentor, Mudassir supports aspiring leaders in building essential skills, including team building, communication, and soft skills. His mentorship prepares professionals to tackle career challenges confidently.
Beyond consulting, Mudassir is a dynamic speaker and host. He conducts webinars, conferences, and podcasts, including *TechTalk with Mudassir* and *Elevate to Leadership*, sharing insights on technology, leadership, and career growth.
Through his writing platform, *My Corner!*, he reflects on two decades of professional experience, offering practical advice and thought leadership on topics like ERP, digital transformation, and project management.
Mudassir is also the founder of Know Your Project (KYP), an IT consulting and training firm. He has led global digital transformation projects in industries like finance, manufacturing, telecom, and logistics, with deep expertise in BPR, IT governance, and ERP strategy using platforms like Oracle, SAP, Microsoft Dynamics, and Odoo.
Join Mudassir’s journey as he continues to shape leaders, drive operational excellence, and inspire meaningful change across industries.
