Management - 12manage

Planning Fallacy Bias

Description of Planning Fallacy Bias. Explanation.

 

Definition Planning Fallacy Bias. Description.

 

Planning Fallacy Bias is the human tendency to underestimate task-completion times. It is a human tendency that is particularly relevant for Program Managers and Project Managers.

 

It is one form of many Cognitive Biases.

 

Compare also: DICE Framework

 

Return to Management Hub: Communication & Skills  |  Decision-making & Valuation  |  Program & Project Management

 

More Management Methods, Models and Theory  |  Return to Management Dictionary  | 

 

End of description Planning Fallacy Bias. An explanation.

 

 

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