Question

At project initiation: Select one: a. Few cost reduction opportunities exist and the cost of each change is large b. Few cost reduction opportunities exist and the cost of each change is low c. Many cost reduction opportunities exist and the cost of each change is high d. Many cost reduction opportunities exist and the cost of each change is low

Answer 1

Answer:D. Many cost reduction opportunities exist and cost of reduction is low

Explanation:

Since the project has not commence the firm has lots of options to choose from and since the practical works has not started it's cheaper to substitute one method for another.