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Is it madness to abandon a project having already spent over 65% of the budget? - Project Management Questions
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Is it madness to abandon a project having already spent over 65% of the budget?

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Do you guys think it's insane to drop (cancel/kill) a project after spending over 65% of the project budget? Don't you think that the company should give the benefit of doubt for this project, at least until the budget is completely exhausted?
asked 5 years ago by anonymous edited 5 years ago by MaplePM

1 Answer

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I believe there is a saying, don't throw good money after the bad.  If management is convinced the project won't deliver, this gives them 35% of the budget to spend elsewhere.
answered 5 years ago by sdcapmp (45,840 points)

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