The Planning Fallacy: Why We Underestimate Time and How to Plan Better
Episode 163: Why You’re Always Late (And How to Fix It)🔗 Read the full article here: https://smartkeys.org/planning-fallacy/
In this episode of the SmartKeys podcast, we explore a cognitive bias that plagues almost every professional: the Planning Fallacy. We discuss why smart, experienced people consistently underestimate how long a task will take—often ignoring their own history of past delays—and how this "optimism bias" leads to missed deadlines and blown budgets.
Based on the strategic guide by Felix Römer, we break down the psychological difference between the "Inside View" (focusing on…
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