PMP Exam Simulator

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info iconPMP exam lasts 4h and has 200 questions
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lock iconProject Management Terms

Larry is a project manager in an organization that uses a project management office. A new technology has been introduced to the market that will supersede the technology Larry's project is using. There are disagreements as to whether the project should move forward. The members of the project management office are considering the amount of money already invested in the project. What is the term to describe the funds already invested in the project?