Explain the best option based on the outcome and why.

PJM410 Option #1: Application Development: Build In-House or Outsource Decision Tree Build a decision tree to decide if your project team should develop an application that will allow users to readily access their accounting spreadsheets, or if this effort should be outsourced to a contractor. The requirements were not completed accurately during the requirements gathering for this project; therefore, there is a risk that the final product will not pass customer acceptance testing. Although doing the project in-house will be expensive, the chances of user acceptance are high, thus preventing costly rework. Use the information in the table below to decide whether you should build the application in-house or outsource it. Pick the decision with the lower investment required. Create a decision tree to show outcomes for each decision node using the SilverDecisions websiteLinks to an external site.. Note: While the SilverDecisions tool is intuitive, you can find a manual hereLinks to an external site.. Calculate the expected value of each outcome and show your calculations (Probability x Impact). Export your decision tree as a .png file and save it on your computer. Explain the best option based on the outcome and why. Be sure to properly organize your writing and include a cover page, an introduction, headings/subheadings for the body of your work, analysis, and recommendations, a conclusion, an appendix, and a list of references. Consult this assignment templateLinks to an external site. for a more complete list of requirements. Your response should be 1-2-pages in length, including your decision tree, and conform to the CSU Global Writing Center. The CSU Global Library and Writing Center links can be found in the course navigation panel. Copy and paste your exported SilverDecisions.png file into a Microsoft Word document for submission. Refer to the Critical Thinking Assignment grading rubric below for more information on assignment expectations and grading. For assistance with creating a decision tree, review Section 11.4.2.5 in the PMBOK® Guide (7th ed.), paying particular attention to Figure 11-15. view screenshot for firgure to go off of.

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