Worksheet

Build vs. Buy Decision Worksheet (Banking Tech)

Evaluate internal build versus external purchase for banking technology decisions.

TechnologyStrategyVendor Management

About This Resource

A structured worksheet that guides teams through the key dimensions of a build vs. buy decision: strategic fit, total cost of ownership, time to value, risk, and capability requirements. Produces a documented recommendation.

When to Use

When evaluating whether to build a technology capability in-house or procure it from a vendor.

Audience

CIO, CTO, CPO, Strategy Lead

What You Bring
  • Capability description
  • Strategic importance
  • Build cost estimate
  • Buy cost estimate
  • Time to value
  • Risk factors
What You Get
  • Structured decision analysis
  • Documented recommendation
  • Downloadable Word/PDF

Fill In the Worksheet

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Decision Context

Define the capability under evaluation and the decision-making context.

Build Option Analysis

Evaluate the option to build the capability in-house.

Buy Option Analysis

Evaluate the option to procure the capability from an external vendor.

Total Cost of Ownership Comparison

Compare the 5-year total cost of ownership for both options.

Decision Criteria Scoring

Score both options on the key decision criteria (1 = Poor, 5 = Excellent).

Recommendation

Document the recommended decision and rationale.