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16. Linda is the project manager of a construction project. The budget for her project is $275,000. The project team made a mistake early in

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16. Linda is the project manager of a construction project. The budget for her project is $275,000. The project team made a mistake early in the project that cost $34,000 in added materials. Linda does not believe mistakes will likely happen again because the team is 30 percent complete with the project and things are once again going smoothly. Her sponsor wants to know how much more funding Linda will likely need on the project. What should Linda tell the sponsor? A. $192,500 B. $241,000 C. $309,000 D. $275,000 6. You are the project manager for a consulting company. Your company has two possible projects to manage, but they can choose only one. Project WQQ is worth $217,000, while Project LB is worth $229,000. Management elects to choose Project LB. The opportunity cost of this choice is which one of the following? A. $12,000 B. $217,000 C. $229,000 D. Zero, because Project LB is worth more than Project W

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