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What is Managing Runaway Projects and System Failures about?

This document discusses runaway projects and system failures. Runaway projects exhibit escalating commitment to a failing course of action. System failures can occur due to hardware or software issues, which can lead to faulty design choices. Poor project management can result in cost overruns, time slippages, technical shortfalls, and failure to obtain anticipated benefits. Project management activities include planning, risk assessment, resource estimation, work organization, task assignment, execution co

Author

Mark Joseph Matubis

Language

EN