“…Since the mid‐1990s, IS researchers have focused attention on the problem of IT project escalation (Keil, 1995; Newman & Sabherwal, 1996) due to frequent media reports of runaway IT projects that seem to take on a life of their own (Asbrand, 1993). Over the years, this topic has become one of enduring interest to both IS researchers (Lee, Keil, & Kasi, 2012; Lee, Lee, & Keil, 2018; Mähring, Keil, Mathiassen, & Pries‐Heje, 2008; Pan, Pan, & Flynn, 2004; Pan, Pan, Newman, & Flynn, 2006) and practitioners (Fichman, Keil, & Tiwana, 2005; Keil & Mähring, 2010) because mismanagement of IT projects can lead to multimillion dollar cost overruns (GAO, 2017). While some advances have been made in understanding IT project escalation, industry reports indicate that IT projects continue to experience significant cost and schedule overruns suggesting that the problem has not yet been solved.…”