Opportunity costs should not be included in project analysis, as they are missed opportunities.

Name: Opportunity costs should not be included in project analysis, as they are missed opportunities.
Brand: Quizplus
Rating: 4.9 (34 reviews)

Question

Quizplus · Accepted Answer

Opportunity costs are the costs associated with choosing one option over another, and should be taken into consideration in project analysis to accurately assess the potential benefits and drawbacks of each decision. Ignoring opportunity costs can lead to incomplete or inaccurate analysis.

Opportunity Costs Should Not Be Included in Project Analysis, as They