Multiple Choice
When the project was initiated,the Shoreham Nuclear Power Plant had an estimated cost of $75 million and a construction timeline of seven years.The project was eventually completed 23 years later at a cost of over $5 billion.The continuing allocation of resources to this project which ended up costing over 66 times its original estimate may be an example of ______.
A) tenacity
B) escalation theory
C) escalation of commitment
D) persistence theory
Correct Answer:
Verified
Correct Answer:
Verified
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