DEV Community

Discussion on: Do you have any bad “sunk cost fallacy” stories?

Collapse
 
thomasjunkos profile image
Thomas Junkツ • Edited

Yes I have been burned by one.

The short version

A company developed an inhouse software solution which didn't work out. The typical pattern of quality vs. speed (»speed now, quality later«).
Lessons learned? None.

Coming up: The next inhouse solution. "The new hope" so to say.
Though being better than the first try, a new big mess was created.
Some time later I entered the company and was thrown into the shark tank.

The result:
Project being over a year late not to mention cost.
This was a literally death march.
Two people left the company before project ended.

Lessons learned? None.
This solution isn't thrown out of the window as it should have been.
More money, time and people are thrown at it. In some magical point in time everything will be unicorns - so the belief. A classical book example of sunken cost fallacy.

Good luck with that.