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- Planning_fallacy abstract "The planning fallacy is a tendency for people and organizations to underestimate how long they will need to complete a task, even when they have experience of similar tasks over-running. The term was first proposed in a 1979 paper by Daniel Kahneman and Amos Tversky. Since then the effect has been found for predictions of a wide variety of tasks, including tax form completion, school work, furniture assembly, computer programming and origami. In 2003, Lovallo and Kahneman proposed an expanded definition as the tendency to underestimate the time, costs, and risks of future actions and at the same time overestimate the benefits of the same actions. According to this definition, the planning fallacy results in not only time overruns, but also cost overruns and benefit shortfalls. The bias only affects predictions about one's own tasks; when uninvolved observers predict task completion times, they show a pessimistic bias, overestimating the time taken.".
- Planning_fallacy thumbnail Daniel_KAHNEMAN.jpg?width=300.
- Planning_fallacy wikiPageExternalLink j.jesp.2003.11.001.
- Planning_fallacy wikiPageExternalLink www.projectdecisions.org.
- Planning_fallacy wikiPageID "903029".
- Planning_fallacy wikiPageRevisionID "601493479".
- Planning_fallacy hasPhotoCollection Planning_fallacy.
- Planning_fallacy subject Category:Cognitive_biases.
- Planning_fallacy subject Category:Management.
- Planning_fallacy subject Category:Planning.
- Planning_fallacy subject Category:Prospect_theory.
- Planning_fallacy type Abstraction100002137.
- Planning_fallacy type Attitude106193203.
- Planning_fallacy type Bias106201908.
- Planning_fallacy type Cognition100023271.
- Planning_fallacy type CognitiveBiases.
- Planning_fallacy type Inclination106196584.
- Planning_fallacy type Partiality106201136.
- Planning_fallacy type PsychologicalFeature100023100.
- Planning_fallacy comment "The planning fallacy is a tendency for people and organizations to underestimate how long they will need to complete a task, even when they have experience of similar tasks over-running. The term was first proposed in a 1979 paper by Daniel Kahneman and Amos Tversky. Since then the effect has been found for predictions of a wide variety of tasks, including tax form completion, school work, furniture assembly, computer programming and origami.".
- Planning_fallacy label "Falacia de la planificación".
- Planning_fallacy label "Planning fallacy".
- Planning_fallacy label "Planungsfehlschluss".
- Planning_fallacy label "Złudzenie planowania".
- Planning_fallacy label "خطأ التخطيط".
- Planning_fallacy sameAs Planungsfehlschluss.
- Planning_fallacy sameAs Falacia_de_la_planificación.
- Planning_fallacy sameAs Złudzenie_planowania.
- Planning_fallacy sameAs m.03ndl9.
- Planning_fallacy sameAs Q1637631.
- Planning_fallacy sameAs Q1637631.
- Planning_fallacy sameAs Planning_fallacy.
- Planning_fallacy wasDerivedFrom Planning_fallacy?oldid=601493479.
- Planning_fallacy depiction Daniel_KAHNEMAN.jpg.
- Planning_fallacy isPrimaryTopicOf Planning_fallacy.
