Irrational Escalation
The phenomenon where people continue a failing course of action due to the amount of resources already invested.
The phenomenon where people continue a failing course of action due to the amount of resources already invested.
The process of combining multiple products or product lines into a single offering to streamline operations and reduce complexity.
A stimulus that gains reinforcing properties through association with a primary reinforcer, such as money or tokens, which are associated with basic needs.
The ability to influence others' behavior by offering positive incentives or rewards, commonly used in organizational and social contexts.
Rapid Application Development (RAD) is a software development methodology that emphasizes quick prototyping and iterative delivery.
A quick and often temporary fix applied to a software product to address an urgent issue without going through the full development cycle.
A strategic plan that outlines the goals, milestones, and steps needed to deliver a product that achieves desired outcomes incrementally, providing a clear path forward.
A cognitive bias where people attribute group behavior to the characteristics of the group members rather than the situation.
A prioritization framework used to assess and compare the value a feature will deliver to users against the complexity and cost of implementing it.