looking for help on intro to project management discussion post

looking for help on intro to project management discussion post

Many a project team member or sponsor has been heard saying that “we cannot terminate the project now as we have already spent 50% of the project budget.” Comment on the truth or fallacy of that statement.

Cite a minimum of two current (published in the most recent five-year period), credible references.

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Introduction to Project Management
The provided statement is a fallacy because the closure of the project depends on other factors rather than the sunk cost. It stands for faulty logic for not terminating the project. The primary consideration for closing the project should be whether it continues to uphold the business strategy.

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