What do governments, businesses and individuals have in common? They’ve all invested time and money in forecasting how long a project will take to complete. Despite the forecasting, every one of them ...

Even if you’ve never heard of the planning fallacy, you’ve likely experienced it. It’s a phenomenon in which a person or team underestimates how long a task will take and what it will cost in money or ...

The big idea: Projects are often late, over-budget or under-delivered. Can companies set more realistic project goals? The scenario: The New York City Department of Parks and Recreation is responsible ...

How often do you find yourself racing at the last minute to finish a task? If you’ve ever missed a deadline the planning fallacy may well be the culprit. Most people are more conscious about time and ...

Unlock the full InfoQ experience by logging in! Stay updated with your favorite authors and topics, engage with content, and download exclusive resources. Vivek Yadav, an engineering manager from ...

Below are past conversations I've had with students. They are typical of discussions I have every time an assignment is due. Student One: Professor Akil, I forgot to print my references and I can’t ...