Every Project Manager with a few years of experience under his or her belt can likely recall at least one example of a major project that lived on long after the plug should have been pulled and the project canceled. The best (or worst) examples are the ego-driven initiatives of top executives that can’t let go for fear of losing face by admitting defeat.
More than a few organizations have been taken to or pushed over the edge by these self-anointed visionaries bent on changing their corporate world with some grand project. Once invested, they cannot let go, and if left unchecked, the results can be nothing short of disastrous for the organization.
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