Question

What are some other reasons a company might move forward with a project even if it...

What are some other reasons a company might move forward with a project even if it doesn’t seem like it will add value.

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Answer #1

Some reasons why a company might move forward with a project even if it doesn't seem like it will add value:

  • The project loss might be mitigated by another profitable project.
  • The project is compulsion for other project.
  • The company might have different motives and the project output be fulfilling those motives and the output will be used in future for different project.
  • In order to reduce competition by quoting low prices for product/service
  • In order to become monopoly power
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