CAPM Practice Exam 2025 – All-in-One Guide to Master Your Certified Associate in Project Management Exam!

Question: 1 / 885

What is the purpose of conducting a make or buy analysis?

Determining the project schedule

Deciding whether to outsource

Analyzing market trends

Determining whether to make or buy items

Conducting a make or buy analysis is to determine whether to make or produce certain project components or buy them from external sources. This analysis involves looking at various factors such as cost, resources, expertise, and capacity to make an informed decision on whether to produce in-house or outsource the required items. Therefore, the correct answer is D.

Options A, C, and B are incorrect as a make or buy analysis specifically focuses on the decision-making process regarding internal production versus outsourcing, rather than determining project schedules, analyzing market trends, or simply deciding whether to outsource without considering the option of in-house production.

Get further explanation with Examzify DeepDiveBeta
Next Question

Report this question

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy