Projects often suffer major costs , delays and failures due to this tendency. Factors include excessive optimism, an unwillingness to admit failure, groupthink and an emotional attachment to sunk costs.
Projects often suffer major costs and delays due to the planning fallacy and related factors including excessive optimism, an unwillingness to admit failure, groupthink and aversion to loss of sunk costs.
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, delays and failures due to this tendency. Factors include
and delays due to the planning fallacy and related factors including
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an emotional attachment to
aversion to loss of