Question: 150. You are working to develop a project charter for a proposed project. You need enough high-level information regarding the project to assess whether it

150. You are working to develop a project charter for a proposed project. You need enough high-level information regarding the project to assess whether it is feasible within the given constraints. You will not do any detailed planning until you know your project has been selected over the many others your organization is considering. What is the cost of choosing one project and giving up another called?

A. Fixed cost

B. Opportunity cost

C. Sunk cost

D. Net present value (NPV)

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