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De-Escalating IT Projects: The DMM Model
Taming runaway Information Technology (IT) projects is a challenge that most organizations have faced and that managers continue to wrestle with. These are projects that grossly exceed their planned budgets and schedules, often by a factor of 2--3 fold or greater. Many end in failure; failure not only in the sense of budget or schedule, but in terms of delivered functionality as well.
Runaway projects are frequently the result of escalating commitment to a failing course of action,...
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