There's an algorithm for this: if the risk-adjusted net present value (whole utility curve, not money) is lower than something else you could be doing, then do

There's an algorithm for this: if the risk-adjusted net present value (whole utility curve, not money) is lower than something else you could be doing, then do that instead. Obviously, humans like variety so one needs to consider goods and experiences where the commitment is in multiple units and baskets. To bolster confidence in the decision to drop a project, it's also important to "complete" (feel like you've completed...) a certain number of projects. Wellness/self-esteem are also improved with project completion.