PMP Practice Question: People — Predictive, Medium
You are managing a product development project using a waterfall methodology. During the planning phase, you identify that the project requires expertise in a specialized technology that none of your current team members possess. You have budget to either train two existing team members (12 weeks training time, $15,000 cost) or hire an external contractor with immediate availability ($45,000 for project duration). The project schedule is tight, and this expertise is needed within 4 weeks. Your organization values employee development and has a strategic initiative to build internal capabilities. What should you do?
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