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Think about the last task you completed. Did it take you around the time you’d estimated? Probably not.
Our perceptions of our available time, our abilities, and any roadblocks we may hit are greatly skewed. This is a phenomenon called the planning fallacy and it happens to professionals at all levels and in every occupation. What can we do along the way to keep us on target and help us meet our goals?
Research shows that we often underestimate the time and obstacles involved in completing a task even when it directly contradicts our past experiences.
This can be explained by our optimism bias — our natural tendency to believe that the future will somehow be better than the past.
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