Analysing the Lease, Rent or Buy Decision

Buy decision

Analysing the Lease, Rent or Buy Decision

 

The lease, rent or buy decision refers o business analysis that determines the most cost-effective way to procure the necessary equipment for a project. Such a decision is primarily based on financial analysis.

Buy decision

 

Typical example…

A project requires a high-speed copier with collating capabilities. If it is a small, one-time project and the Equipment is very expensive and prone to breaking, it may be cost-effective the lease the Equipment and take advantage of a service agreement.

 

But if the project is ongoing over a period of months and service needs are not anticipated, it may be more cost-effective to rent a copier for the duration of the project.

 

For a long term project requiring extensive copying resources, it may be more cost-effective to purchase the Equipment.

 

Now your take on this argument.

We would also like to hear what you feel about the topic we discussed today. Your feedback is very important to us. Feel free to drop your comments and recommendations. If you have a contrary opinion, you can drop that too.

You can also join our Facebook Page CRMNigeria for more updates. You can do that by clicking on the link or searching for our page on Facebook.

Click here to Download 5 E-Books that I have taken time to prepare for you.

These E-Books contains formulas that have helped many of my students to nail the PMP Exam. You can also make use of this E-Books. While you are using it if you have questions to ask me concerning the Formulas, feel free to shoot me a mail. I am committed to assisting you to nail your PMP exam. It’s a pledge. You can always count on me as a friend. 

PS: For like seven years since I started blogging I have tried many platforms and tools. Some worked and some of them performed below expectation. Here are some of the tools that I will gladly recommend for you any day, any time.

 

 

JOIN THE DISCUSSION ON WHATSAPP

BE NATURAL. EAT VEGETARIAN DIETS AND STAY HEALTHY

BEST AUTO SEO FOR JUST $1

BEST HOSTING AND DOMAIN SERVICE

ORDER QUALITY SHOES THAT TAKES YOU TO PLACES

BEST HOSTING IN NIGERIA (AFFORDABLE)

You can also download our Mobile App here.

Click here to Like our Page on Facebook

Follow us on Twitter

Domain names for just 88 cents!3 Major Roles of PMO in Projects 1
Action Point.
You need to confirm your subscription by clicking on the link sent to you. You can check the spam folder for it. Add us to your mailing list to receive directly from us.

PS: Click on the link below to sign up for my Online E-Course CRM Training. Make sure you confirm your subscription by clicking on the link sent to you. Thanks.

Adeniyi Salau PMP , CCNA R&S , CDMP, CEP, MOS, MCP, CSCU (Project 2016), Microsoft Certified Security and Networking Associate is a Google and Beingcert Certified Digital Marketer, Project Manager and SEO Expert of repute with about a decade of Blogging and online marketing experience. He is always ready to share his experience with others.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

CommentLuv badge