Gambling for resurrection
Musings on Project Management
DECEMBER 22, 2023
Your project is in trouble.You've spent all the money and have little to show for it.There's a decision to be made: Shut it down, or take a gamble on resurrection?A gamble on resurrection is a financial theory about risk taking that posits taking on more risk or leverage in a hope that circumstances -- mostly beyond your control -- will turn favorably and bail you out.
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