Winning support

Question: Name some factors that may encourage people to support a project:





Financial appraisal

Appears to be becoming increasingly unpopular

Three techniques (students at Glamorgan have a guide to financial appraisal that they should refer to now)

Identifying costs and benefits

Question: After 12 months and 1m, revised spending projections indicate benefits will be worth only 500k, and there is still 100k work yet to be done. Abandon project?

The 1m is a sunk cost
Abandoning won't get it back


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