chapter  3
9 Pages

Failure to Consider All Costs of the Operation

WithGerald J. Watson, Jesse J. Derouin

Another cause for mistakes is the failure of the decision maker to consider all costs that will be involved in a decision. The decision maker may fail to seriously evaluate all potential costs that could have a negative impact on a project. As an engineer, I always verified the project reductions and the project costs to ensure that savings from the project were realistic and I had another engineer verify all computations related to the project.