When Should You Kill a Project? Avoiding the Trap of Sunk-Cost Fallacy
Posted February 16, 2022 | Leadership |
Experienced project managers with strong project management acumen still occasionally take part in a project that seems to take on a life of its own, devouring organizational resources. This Executive Update examines a few failure scenarios that could have been avoided with better decision-making processes and offers a set of key questions project managers should continue to ask along the project’s journey.
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