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Author  Henny Portman

Henny Portman is the owner of Portman PM[O] Consultancy.

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.

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.