Escaping the sunk cost fallacy in projects
- Blog
- PRINCE2
- PRINCE2 Agile
April 17, 2023 |
6 min read
- Blog
- PRINCE2
- PRINCE2 Agile
The sunk cost fallacy can affect any organisation big and small. To avoid it, project managers must be vigilant to the common error of using past investment as a justification for continuing a project.