Make-or-buy documents the decisions of what project products, services, or results will be acquired from outside the project organization, or will be performed internally by the project team. This may also include decisions to buy insurance policies or performance bond contracts to address some of the identified risks. The make-or-buy decisions document can be as simple as a listing that includes a short justification for the decisions. These decisions can be altered as subsequent procurement activities indicate a requirement for a different approach.
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What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.