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Psychology & Behavior

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Planning Fallacy Check

規劃謬誤檢查 · Source: Daniel Kahneman / Amos Tversky

Counteracting systematic over-optimism when estimating time, cost, and resources

Core Concept

When planning future projects, people almost universally underestimate time, cost, and difficulty while overestimating completion probability. This isn't a personal flaw — it's a built-in cognitive bias. The antidote is the "outside view": look at statistical outcomes of similar past projects rather than the internal details of this one.

When to use this

When estimating project completion time, launch dates, time-to-profitability. Humans systematically underestimate time and cost — especially when enthusiastic about the plan, this check should be forced.

When not to use this

Highly standardized work with reliable historical timelines (production lines, packaged services) does not need this check. Also do not use it to rationalize over-pessimism — inflated estimates harm equally.

Questions you will be asked

Using this framework, you will work through —

  1. 1.What is your plan or commitment? What are your original time and cost estimates?
  2. 2.What historical data from similar projects can you find? What were their actual outcomes?
  3. 3.Based on this external data, what would be a more realistic estimate?
  4. …and 3 more

Related Frameworks