About: Gary S. Stetz
Gary Stetz, MBA, CPA, is the cofounder and partner of Stetz, Belgiovine, and Manwarren. He is also a director and cofounder of Allegiance Community Bank.
All Articles and Webinars by Gary S. Stetz
Project managers are often called on to make decisions between different opportunities or different ways of accomplishing the goals and objectives of a company. The three types of cost that are used to make decisions are differential cost, sunk cost, and opportunity cost. Differential Cost Differential cost is simply the difference in cost between choosing…