Build vs buy software decision tree template
Build in-house or buy off the shelf?
RecommendedBuy SaaSExpected value −160,500 · 49,500 ahead of Hire an agency to build
The tree
Outline
# Analytical, costs as negative payoffs over 3 years (lower is worse)
Build or buy the internal tool?
Build in-house
Delivered on time (p 0.5): -180000
Overruns by 50% (p 0.35): -270000
Abandoned, then buy (p 0.15): -320000
Buy SaaS
Price stays flat (p 0.7): -150000
Price rises 30% at renewal (p 0.3): -185000
Hire an agency to build
Fixed-price, delivered (p 0.8): -200000
Change requests add 25% (p 0.2): -250000How to use it
- Press Use this template. The tree opens in the editor, no account needed.
- Edit the outline on the left. Indentation is the tree; (p 0.4) is a probability, (cost 5000) a cost, : 200000 a payoff.
- Watch the expected value and the recommended branch update as you type. Open Analysis for the risk profile and the switch points.