What is meant by a sunk cost? Give examples of typical sunk costs for an IT project

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What is meant by a sunk cost? Give examples of typical sunk costs for an IT project as well as examples from your personal life. Why is it difficult for people to ignore them when they should?

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Information Technology Project Management

ISBN: 9781337101356

9th Edition

Authors: Kathy Schwalbe

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Question Posted: Oct 04, 2022 01:47 AM

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What is meant by a sunk cost? Give examples of typical sunk costs for an IT project

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A sunk cost refers to a cost that has already occurre...View the full answer

Information Technology Project Management

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