Mutually exclusive projects are projects where the acceptance of one project automatically means we are rejecting other options.
Mutually Exclusive Projects is a term commonly used in the capital budgeting process in which companies select a single project from a set of projects based on certain parameters, with acceptance of one project resulting in rejection of the other projects.
Mutually exclusive projects are capital projects that directly compete with one another.For example, if a manager must choose between undertaking project X or Y but not both at the same time, then projects X and Y are said to be mutually exclusive.
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