question archive We cannot afford to terminate the project now
We cannot afford to terminate the project now
Subject:ManagementPrice: Bought3
We cannot afford to terminate the project now. We have
already spent more than 50% of the project budget." How do you react to this statement? Do you agree or disagree? Give reasons for your answer. Will you never terminate the project when more than 50% of the budget has been invested into the project? Under what circumstances would you agree to terminate the project and take the loss of 50% of the project budget? Does the number 50% have any relevance to your decision? What factors would you take into account in making your decision? If possible, give examples from real projects.
