ITPEC FE Morning October 2018 Question 72

Source exam: ITPEC FE Morning October 2018Topic: Management Strategy

ITPEC FE Morning October 2018 — Question 72 of 80

Development Cost Comparison — Calculate total cost across purchase, outsourcing, and person-month costs for each method.

The overall cost for each development method is: Purchase cost + Outsourcing cost + Person-month cost.

Person-month cost per process:
- Creation: persons × 6 months × $6,000

- Modification: persons × 3 months × $10,000

- Evaluation: persons × 2 months × $10,000

MethodPurchaseOutsourcingPerson-month**Total**
a) Purchase & modify200,0000140,000340,000
b) Outsource batch0350,0000350,000
c) Modify in-house00360,000360,000
d) Create new00400,000400,000

The correct answer is a) with the lowest total cost of $340,000.

Why not others:
- b) $350,000 — outsourcing cost alone exceeds option a's total

- c) $360,000 — heavy modification staffing (10 persons × 3 months × $10,000 = $300,000)

- d) $400,000 — highest due to 10 persons in creation at 6 months

Key rule: Person-month cost = number of persons × duration (months) × cost rate per person-month. Watch for different rates across processes.

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