Explain the best option based on the outcome and why.

PLEASE SEE ATTACHED SCREENSHOTS

LINK FOR SILVERTREE: http://silverdecisions.pl/SilverDecisions.html?lang=en

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.
Cost to build application in-house $95,000
Cost to outsource the task of developing the application $80,000
Probability of passing user acceptance testing if built in-house 90%
Probability of passing user acceptance testing if work is outsourced 30%
Cost of rework after user acceptance testing if built in-house $50,000
Cost of rework after user acceptance testing if work is outsourced $25,000
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 CenterLinks to an external site.. Copy and paste your exported SilverDecisions.png file into a Microsoft Word document for submission.

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