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Mind & biases2 MINBrief fileEstablished evidence

Planning Fallacy

The last project ran late. This one will differ, because today's plan looks flawless.

01 / SUMMARY

In short

People often underestimate the time, cost, or difficulty of their own projects. They focus on the ideal path for the current case and discount how comparable tasks actually ended.

03 / SCENE

In the wild

A student promises to finish an essay by Friday after counting writing hours but not research, revisions, or familiar interruptions.

04 / LIMIT

The limit

Not every delay comes from optimism; scope can genuinely change and some events cannot be anticipated.

FINAL NOTE

What remains

Begin with the distribution of completed, similar projects, then adjust for the current case's specific features.