Establishing a pre-set level at which the decision is abandoned or re-evaluated is recommended mainly to:
A) Minimise reliance on an implicit favourite
B) Avoid relying on mental models to recognise problems or opportunities
C) Minimise escalation of commitment
D) Minimise problem identification

Question

Quizplus · Accepted Answer

Establishing a pre-set level at which the decision is abandoned or re-evaluated is recommended mainly to minimise escalation of commitment, which refers to the tendency to continue investing in a decision or project even when it no longer makes sense or is not working out. By having a pre-set level, decision makers can reduce their reliance on sunk costs and avoid falling into the trap of escalating their commitment to a failing decision.

Establishing a Pre-Set Level at Which the Decision Is Abandoned