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Planning fallacy: why it always takes longer than you think to get things done


Human beings are generally "pretty lousy" at estimating the time they will need to complete a task, says Heidi Grant Halvorson on Fast Company – and obviously that has implications for managers everywhere.

Grant Halvorson explains: "Psychologists refer to this as the planning fallacy, and it's an all too common problem – one with the very real potential to screw up our plans and keep us from reaching our goals."


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Source Article: How Long Will This Take? Three Steps To Being A Better Judge Of Time
Author(s): Heidi Grant Halvorson
Publisher: Fast Company