Overcoming the planning fallacy - Deepstash
Beat Procrastination

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Beat Procrastination

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Overcoming the planning fallacy

  • Break projects down into smaller pieces and estimate how long each part will take.
  • Add 20% to your estimated completion time. It is better to plan for the unexpected than to be surprised by it.
  • Use historical data to make better predictions. Don't think you'll be able to finish faster next time.
  • Limit the scope of work. Instead of extending the timeline, reduce the scope of work.
  • Communicate early and often if you're going to miss a deadline.

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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 miscalcula...

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hollyy

Productivity tips and tricks are my jam.

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The Planning Fallacy

We tend to underestimate the time it will take to complete a future task despite knowing that previous tasks have taken longer.

What you can do about it:

  • Break projects down into smaller parts and estimat...

Overcome the Planning Fallacy

  • The next time you find yourself struggling to estimate, ask: How much time and effort have similar tasks required in the past?
  • Schedule buffer time: Keep in mind that there will always be factors outside of your control, and moreover, you may very...

Overcoming The Planning Fallacy: Every Day Is New

Our original plans and goals sometimes become the cognitive biases that do not let us work on a daily basis. They anchor themselves in our brain from the time we decided to set the goal. Our initial predictions, expectations or assessments may not be accurate and may need major o...

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