The closer a project is to completion the more likely escalation of commitment is to occur.

Question

Quizplus · Accepted Answer

Escalation of commitment is a phenomenon where individuals tend to invest more resources, such as time or money, into a project in which they have already made a significant investment, even though there may be negative outcomes. The closer a project is to completion, the more individuals are likely to feel invested in it, and therefore, more likely to escalate their commitment to it.

The Closer a Project Is to Completion the More Likely