Project Managers

The Project Management Social Network | Project Manager Jobs

Patrick Weaver's Blog – March 2015 Archive (1)

Stop Throwing Money Away!

One of the hardest things to do is to stop wasting money and resources on a losing proposition, emotions, biases and focusing on simple but irrelevant measures can all lead to bad decisions.  A proper consideration of ‘sunk costs’ can help eliminate these ‘always wrong’ decisions. 

The fact you have spent several months and $thousands on a mission to accomplish something should not influence your thinking about expending more time and money (but it frequently does)! The past is past,…


Added by Patrick Weaver on March 25, 2015 at 5:41am — No Comments

© 2018   Created by Mike.   Powered by

Badges  |  Report an Issue  |  Terms of Service