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Escalating Commitment
Escalating Commitment refers to the tendency to continue to invest time, money, or resources into a decision or project despite evidence of it being unwise or failing, often driven by emotional attachment or sunk costs.
Course Of Action
Refers to a plan or strategy intended to accomplish a specific goal.
Allocation Of Resources
The process of distributing available resources among various projects or business units in order to maximize efficiency and achieve strategic goals.
Uncertainty
The state of being unsure or having doubts about outcomes or consequences, often making decision-making complex.
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