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Harmony decides that her organization is going to hire three software developers to create a custom tool for one of her teams instead of buying

Harmony decides that her organization is going to hire three software developers to create a custom tool for one of her teams instead of buying a pre-made tool. Eight months into the project, they are way over budget and have made very little progress, but Harmony is determined to make the project work because they've already invested so much into it. She has fallen into the _____ pitfall. Harmony decides that her organization is going to hire three software developers to create a custom tool for one of her teams instead of buying a pre-made tool. Eight months into the project, they are way over budget and have made very little progress, but Harmony is determined to make the project work because they've already invested so much into it. She has fallen into the _____ pitfall. sterotyping anchoring overconfidence bias sunk decision status quo

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