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Describe sunk cost. Give some examples for an IT project, from your personal life. Explain why it is not easy to disregard sunk cost. Explain
- Describe sunk cost. Give some examples for an IT project, from your personal life. Explain why it is not easy to disregard sunk cost.
- Explain the process of determining the project budget.
- Based on your experience or what you have learned/researched, how does costing differ between traditional and agile approaches?
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