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 well be overestimating your capabilities.
- Commit early and publicly: Give yourself a little bit of external commitment pressure in order to not leave all of your work to the last minute.
- Assume the worst: Start by imagining what will go wrong before it actually does. By doing so, you’ll be better able to foresee potential (if unlikely) issues. And you’ll be equipped to develop a suitable backup plan as a preventative measure.
47
270 reads
CURATED FROM
IDEAS CURATED BY
The idea is part of this collection:
Learn more about psychology with this collection
How to set achievable goals
How to manage time for personal and professional life
How to avoid distractions
Related collections
Similar ideas to Overcome the Planning Fallacy
Counteract the Planning Fallacy
When you start to schedule your tasks, you may be too optimistic about how much you can get done. You may take on too much work or get stressed when tasks take longer than you expected.
To counteract the Planning Fallacy:
- Work in a buffer into you...
Be On Time !!!
Always add 25% to your time estimate to get anywhere or do any task. If you think it takes 30 minutes to get to work, give yourself 40 (technically, 37 1/2, but let’s not be ridiculous here!). If you need 12 working hours to finish a proposal, give yourself 15. The worst thing that could happen i...
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates