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Business, 14.04.2020 21:56 hncriciacheichi
A project has an original budget of US$1,000,000 and expected revenues of US$1,400,000. At a milestone, the project is forecasted to cost an additional US$300,000. If the project is cancelled, it will bring in no revenues but the cost will be limited to the US$600,000 already spent. If the project is continued, there is a 60 percent chance that the new budget will be met. If not, the budget will be further off by another US$300,000. What is the best option to take?
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A project has an original budget of US$1,000,000 and expected revenues of US$1,400,000. At a milesto...
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