Mastering Time: Overcoming the Planning Fallacy
Introduction Have you ever started a project with lots of excitement and a solid plan, only to realize later that you underestimated how much work it would take? This happens to a lot of us, and it’s called the planning fallacy. It’s a common mistake where we think tasks will take less time and effort than they actually do, even though past experiences should warn us to be careful. This idea was first pointed out by Daniel Kahneman and Amos Tversky. They showed how our natural tendency to be optimistic and wishful leads us to underestimate what it takes to … Read More