The Planning Fallacy: Feasibility and Forecasting
A planning fallacy is a common psychological phenomenon where predictions about how much time will be needed to complete a future task display an optimism bias and underestimate the time needed.
Learn from Michael Pink how recognizing biases, like the planning fallacy, helps mitigate their effect on project outcomes.
Gain practical strategies and best practices to counteract common fallacies in project scheduling and forecasting with real-world examples, case studies, and anecdotes.
Enhance your project management capabilities with the tools and knowledge to achieve better outcomes.
Things you’ll learn:
- How to leverage variance data to gauge risk
- Calculating schedule compression and why it matters for feasibility
- The impact of planning fallacy on forecasting and predictive analytics
