The purpose of this report is to provide the reader with a fair comparison of differences between rewriting, buying a package, and modernization of a software application. The comparison includes information on their cost, risk, and reward. This report is broken into five sections: case comparison, new development, application package, modernization, and proof points. Much of this report is based on the CHAOS Research project on the creation and implementation of application software. This report also demonstrates our project valuation consulting services.
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