From BCMpedia. A Wiki Glossary for Business Continuity Management (BCM) and Disaster Recovery (DR).
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2. The value of a benefit sacrificed in favour of an alternative course of action. That is the cost of using resources in a particular operation expressed in terms of forgoing the benefit that could be derived from the best alternative use of those resources.
(Source: OGC, Information Technology Infrastructure Library (ITIL) v3)
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