Explain why many IT professionals may disregard project expense management and how this may impact project completion. Explain the project budgeting procedure. 2. What is sunk cost? Give instances of both standard IT sunk costs and personal sunk costs. Why is it so hard to ignore them?

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Q: Justify the reasons why many IT professionals could ignore project expenditure management and how…

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Q: Explain why many IT professionals may disregard project expense management and how this may impact…

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Q: Why estimating time and cost is critical. What you find problematic about project time estimation.…

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