Question 13 Points

Viktor Lemon is the program manager responsible for the Digital Supercluster program. The program is a national program, sponsored by the Government of Canada. The Digital Supercluster program is made up of five projects focusing on the following areas:

Health system.Technologies that support our health systems, hospitals and healthcare workers to effectively manage resources to provide high quality care to patients.

Community health.Technology solutions that enable Canadians, their families and friends to access care in their communities, in their homes and/or in remote locations, and to connect and support each other.

Safe Living. Enabling technologies for Canadians to live safely and securely, and to access the support and resources they need, whether at home or at work. Examples may include secure messaging, virtual health programs for both physical and mental health needs, and specialized resources for those struggling with substance abuse, work safe programs or delivery of food, medication and supplies.

Diagnostics and Therapeutics.Platforms that support sharing of data, research and scientific developments and for support clinical trials in the drive to discover and deploy new vaccines, diagnostic tests and therapies for COVID19.

Emergency Response:Tools and technologies that can be used to predict, plan and respond to any subsequent COVID-19 waves and other crises situations.

Your company is considering submitting a proposal for theSafe Livingproject and you have been asked to manage the project - working with a virtual team of twelve people across the country. The team members require clarification regarding the following:

ii). In estimating costs for various financial decisions some of your team members identify different cost such as direct cost, indirect cost, sunk cost, fixed costs, variable cost, opportunity cost, unavoidable costs etc.. As you listen to the different views which cost would you advice the team to exclude from any financial decision and why?