Cutting Your Losses : Extricating Your Organization When A Big Project Goes Awry  

Oleh:

Keil, Mark ; Montealegre, Ramiro

Jenis: Article from Bulletin/Magazine - ilmiah internasional
Dalam koleksi: Sloan: Management Review vol. 41 no. 3 (2000), page 55-68.
Topik: ORGANIZATION; extricating; organization; big project

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: SS27.2 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Project failure in the information technology area is a costly problem, and troubled projects are not uncommon. In many cases, these projects seem to take on a life of their own, continuing to absorb valuable resources, while failing to deliver any real business value. Executives become so strongly wedded to a particular project, technology, or process that they persist in committing their companies. Instead of terminating or redirecting the failing endeavor, managers are apt to continue pouring in more resources. Escalation of commitment to a failing course of action is particularly common in technologically sophisticated projects with a strong IT component. The special nature of these projects - including high complexity, risk, and uncertainty - makes them particularly susceptible to escalation.

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