The money already spent on the project,or sunk costs,should be considered in the decision to kill a project that is out of control.

Name: The money already spent on the project,or sunk costs,should be considered in the decision to kill a project that is out of control.
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Question

Quizplus · Accepted Answer

Sunk costs are past costs that have already been incurred and cannot be recovered. They should not influence the decision to continue or terminate a project, as decisions should be based on future costs and benefits.

The Money Already Spent on the Project,or Sunk Costs,should Be