Sunk costs - Revision history

imported>Doug Williamson: Expand definition.

2021-08-10T16:46:35Z

Expand definition.

← Older revision		Revision as of 16:46, 10 August 2021
Line 2:		Line 2:

	Sunk costs are expenditure which has already taken place, or to which an organisation is already irrevocably committed.		Sunk costs are expenditure which has already taken place, or to which an organisation is already irrevocably committed.

			A sunk cost is one which cannot be recovered or reversed.


	Sunk costs are irrelevant to project appraisal: "Sunk costs don't count."		Sunk costs are irrelevant to project appraisal: "Sunk costs don't count."

2021-08-10T16:44:48Z

Add link.

2020-11-16T11:22:25Z

Add link.

2020-03-31T14:57:00Z

Layout.

← Older revision		Revision as of 14:57, 31 March 2020
Line 1:		Line 1:
	''Project appraisal''.		''Project appraisal''.

	~~Expenditure~~ which has already taken place, or to which an organisation is already irrevocably committed~~, are sunk costs~~.		Sunk costs are expenditure which has already taken place, or to which an organisation is already irrevocably committed.

	Sunk costs are irrelevant to project appraisal: "Sunk costs don't count."		Sunk costs are irrelevant to project appraisal: "Sunk costs don't count."

2020-03-31T14:47:23Z

Add link.

2020-03-31T14:46:08Z

Layout.

← Older revision		Revision as of 14:46, 31 March 2020
Line 4:		Line 4:

	Sunk costs are irrelevant to project appraisal: "Sunk costs don't count."		Sunk costs are irrelevant to project appraisal: "Sunk costs don't count."


	A common mistake in project appraisal and analysis is the inclusion - in error - of sunk costs in the analysis.		A common mistake in project appraisal and analysis is the inclusion - in error - of sunk costs in the analysis.

2020-03-27T10:30:43Z

Add link.

2019-03-20T08:30:13Z

Link with Contribution analysis page.

2014-08-12T12:56:56Z

Categorise the page

2013-08-20T08:18:44Z

Spacing 20/8/13

← Older revision		Revision as of 08:18, 20 August 2013
Line 1:		Line 1:
	''Project appraisal''.		''Project appraisal''.

	Expenditure which has already taken place, or to which an organisation is already irrevocably committed, are sunk costs.		Expenditure which has already taken place, or to which an organisation is already irrevocably committed, are sunk costs.

	Sunk costs are irrelevant to project appraisal: "Sunk costs don't count."		Sunk costs are irrelevant to project appraisal: "Sunk costs don't count."

	A common mistake in project appraisal and analysis is the inclusion - in error - of sunk costs in the analysis.		A common mistake in project appraisal and analysis is the inclusion - in error - of sunk costs in the analysis.


	== See also ==		== See also ==
	* [[Project appraisal]]		* [[Project appraisal]]