Build in-house or outsource, and New vs Used Cars
Order ID 53563633773 Type Essay Writer Level Masters Style APA Sources/References 4 Perfect Number of Pages to Order 5-10 Pages
OPTION #1: DEVELOPMENT OF APPLICATIONS: IN-HOUSE OR OUTSOURCE DECISION TREE
Create a decision tree to determine if your project team should design an application that allows users to easily access their accounting spreadsheets in-house or outsource the work to a contractor. Because the specifications for this project were not completed precisely during the requirements gathering phase, there is a chance that the final product will fail customer acceptance testing. Although implementing the project in-house will be more expensive, there is a good likelihood that users will accept it, avoiding costly revisions.
1. Determine whether you should create the application in-house or outsource it using the data in the table below. Choose the one that requires the least amount of money. 2. Using the SilverDecisions website (http://silverdecisions.pl/SilverDecisions.html?lang=en (Links to an external site.)), create a decision tree to illustrate outcomes for each decision node. Although the SilverDecisions program is simple to use, there is a manual available at http://silverdecisions.pl/. (Links to an external site.). 3. Determine the expected value of each result and present your findings (Probability x Impact). 4. Save your decision tree to your PC as a.png file. 5. Describe the best choice and why it is the greatest option based on the outcome.
In-house application development costs $95,000
Outsourcing the work of designing the application will cost $80,000.
If built in-house, how likely is it to pass user acceptability testing?
90% of the time
If work is outsourced, what are the chances of passing user acceptability testing?
30% of the total
If constructed in-house, the cost of revisions after user acceptability testing is $50,000.
If the task is outsourced, the cost of revisions after user acceptability testing is $25,000
Include a cover page, an introduction, headings/subheadings for the body of your work, analysis, and suggestions, a conclusion, an appendix, and a list of references in your writing. For a more comprehensive list of criteria, see https://csuglobal.libguides.com/writingcenter/apa7 writing templates/papers/. (This is a link to an external site.)
Your response, including your decision tree, should be 1-2 pages long and follow the CSU Global Writing Center’s guidelines (Links to an external site.). For submission, copy and paste your exported SilverDecisions.png file into a Microsoft Word document.
For more information on assignment expectations and grading, see the Critical Thinking Assignment grading rubric below. Review Section 220.127.116.11 of the PMBOK Guide (6th ed.) for help in creating a decision tree, paying special attention to Figure 11-15.
DECISION TREE #2: NEW VERSUS USED CARS
Make a decision tree to assist you in deciding whether to buy a new or used car. The most significant concern or risk associated with acquiring a secondhand car is the possibility of needing repairs and not knowing about any previous issues the vehicle may have had. A old car has a 40% probability of needing repairs within a year; yet, a new car has a 90% chance of not needing any repairs during that time. A used automobile will set you back $7,500, while a new car would set you back $15,000.
1. Determine whether you should buy a used or new car using the information in the table below. Choose the one that requires the least amount of money. 2. Using the SilverDecisions website (http://silverdecisions.pl/SilverDecisions.html?lang=en (Links to an external site.)), create a decision tree to illustrate outcomes for each decision node. Although the SilverDecisions program is simple to use, there is a manual available at http://silverdecisions.pl/. (Links to an external site.). 3. Determine the expected value of each result and present your findings (Probability x Impact). 4. Save your decision tree to your PC as a.png file. 5. Describe the best choice and why it is the greatest option based on the outcome.
The price of a new automobile
How much does it cost to buy a used car?
90 percent chance of not needing repairs within a year
40 percent chance of repairing a used automobile within a year
Repair costs for a new car
Repairs for a used automobile cost $9,000¬¬¬¬
QUALITY OF RESPONSE NO RESPONSE POOR / UNSATISFACTORY SATISFACTORY GOOD EXCELLENT Content (worth a maximum of 50% of the total points) Zero points: Student failed to submit the final paper. 20 points out of 50: The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. 30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. Elements of the required response may also be lacking. 40 points out of 50: The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples. The answer is complete. 50 points: The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples. No aspects of the required answer are missing. Use of Sources (worth a maximum of 20% of the total points). Zero points: Student failed to include citations and/or references. Or the student failed to submit a final paper. 5 out 20 points: Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. 10 out 20 points: References to scholarly sources are occasionally given; many statements seem unsubstantiated. Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. 15 out 20 points: Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented. APA 6th Edition is used with only a few minor errors. There are minor errors in reference and/or citations. And/or there is some use of questionable sources. 20 points: Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented. APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. Grammar (worth maximum of 20% of total points) Zero points: Student failed to submit the final paper. 5 points out of 20: The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors 10 points out 20: The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors 15 points out of 20: The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. 20 points: The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. Structure of the Paper (worth 10% of total points) Zero points: Student failed to submit the final paper. 3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. 5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. They can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements. The student also significantly writes too large or too short of and paper 7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. 10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper.
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