Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

PMI PgMP Exam - Topic 4 Question 71 Discussion

Actual exam question for PMI's PgMP exam
Question #: 71
Topic #: 4
[All PgMP Questions]

You are the program manager for your organization and you're trying to determine if you buy or build a software solution for your organization. If you build the solution it'll cost you $75,000 to create and it'll cost you

$12,000 per month to support. If you hire a vendor they can build the solution for $63,000 but their solution will cost you $15,500 per month to support. How many months would you have to use your in-house solution to equate to the cost of the vendor's solution?

Show Suggested Answer Hide Answer
Suggested Answer: C

by Nichelle at Feb 12, 2024, 05:35 AM

Limited Time Offer

25%

Off

Get Premium PgMP Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

0/2000 characters
Submit Cancel
Vivan
5 months ago
I think it's closer to 3.5 months based on my math.
upvoted 0 times
...
Rodolfo
5 months ago
Totally agree, in-house is cheaper in the long run!
upvoted 0 times
...
Rusty
5 months ago
Wait, how can the vendor's support be that much more?
upvoted 0 times
...
Kaycee
5 months ago
I calculated around 6 months, seems off.
upvoted 0 times
...
Salley
6 months ago
It's about 10 months to break even!
upvoted 0 times
...
Devorah
6 months ago
I believe we need to find the break-even point, and I think it might be around 10 months based on my calculations.
upvoted 0 times
...
Sherly
6 months ago
I'm a bit uncertain about the monthly support costs. Do we add those to the initial costs for both options?
upvoted 0 times
...
Jose
6 months ago
If I recall correctly, we need to compare the total costs of both options over a certain number of months. I think I practiced a similar question last week.
upvoted 0 times
...
Nu
6 months ago
I think I remember something about calculating total costs over time, but I'm not sure how to set it up for this question.
upvoted 0 times
...
Gabriele
6 months ago
I'm pretty confident I can solve this. I just need to set up the equations and do the math.
upvoted 0 times
...
Berry
6 months ago
I'm a bit confused on how to approach this. Should I focus on the monthly costs or the initial build costs?
upvoted 0 times
...
Owen
6 months ago
Alright, I think I've got this. We just need to find the point where the two costs are equal.
upvoted 0 times
...
Therese
6 months ago
Hmm, this seems tricky. I'm going to start by calculating the total cost of the in-house solution and the vendor's solution.
upvoted 0 times
...
Isadora
6 months ago
Okay, let's break this down step-by-step. We need to find the number of months where the in-house solution cost equals the vendor's solution cost.
upvoted 0 times
...
Hermila
7 months ago
This looks like a straightforward question about modifying the persistence profile on a BIG-IP device. I think the key is to understand how the persistence settings work and how to configure them to track each unique IP address.
upvoted 0 times
...
Pamella
7 months ago
I've worked with SAP solution extensions before, so I think I've got a good handle on this. The direct delivery and software licensing aspects are going to be important here.
upvoted 0 times
...
Alesia
7 months ago
This seems like a good opportunity to practice my Python skills. I'll give it my best shot and see if I can figure out the right solution.
upvoted 0 times
...
Virgie
12 months ago
Haha, this is a tough one. Kinda like trying to decide between homemade or takeout, you know? In the end, it's all about crunching the numbers. I think I'm going with option A, it just seems more straightforward.
upvoted 0 times
Kristel
10 months ago
Jaime: Yeah, homemade always seems to be the better choice in the end.
upvoted 0 times
...
Jaime
11 months ago
User 2: I think option A makes sense, it's more cost-effective in the long run.
upvoted 0 times
...
Jerry
11 months ago
User 1: I agree, it's definitely a tough decision.
upvoted 0 times
...
...
Shawnda
12 months ago
You know, this reminds me of that time I tried to build my own furniture. Took me forever, and it ended up costing way more than just buying it. I'd go with the vendor's solution, option D seems legit.
upvoted 0 times
...
Devorah
1 year ago
I'm not so sure about that. With the vendor's solution, we'd be paying more per month, but we wouldn't have to worry about the upfront costs and maintenance. I'm thinking option B might be the way to go.
upvoted 0 times
Shad
10 months ago
True, we need to weigh the upfront costs against the long-term maintenance expenses. It's a tough decision to make.
upvoted 0 times
...
Rosalind
11 months ago
That's a good point. Maybe we should consider how long we anticipate needing the software before making a decision.
upvoted 0 times
...
Elza
11 months ago
User 2: Yeah, I agree. Even though the monthly cost is higher, we wouldn't have to deal with the upfront costs and maintenance. Option B seems like the better choice.
upvoted 0 times
...
Georgene
11 months ago
User 1: I think option B makes sense. The vendor's solution might end up being more cost-effective in the long run.
upvoted 0 times
...
Winfred
11 months ago
But what if we end up needing the software for a longer period of time? Wouldn't it be cheaper to build our own solution?
upvoted 0 times
...
Laine
12 months ago
I think option B makes sense. The vendor's solution might end up being more cost-effective in the long run.
upvoted 0 times
...
...
Jenelle
1 year ago
I'm not sure, but I think we should consider all factors before making a decision.
upvoted 0 times
...
Kristel
1 year ago
Hmm, I'm leaning towards option C. It seems like the in-house solution would be more cost-effective in the long run, as long as we use it for at least 3.5 months.
upvoted 0 times
...
Kanisha
1 year ago
I disagree, I believe option C is the most cost-effective.
upvoted 0 times
...
Pamella
1 year ago
I think option A is the best choice.
upvoted 0 times
...

Save Cancel