The planning fallacy - Deepstash

The planning fallacy

The planning fallacy

The planning fallacy

The planning fallacy is the likelihood to underestimate the time it will take to finish a future task despite knowing that similar projects have taken longer in the past. For example, writers underestimate how long it will take to complete a novel; product managers miscalculate how long a new feature will take to build.

Studies show that we underestimate how long it will take even when we know we're likely to underestimate timelines.

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