Is the Task at Hand Considered a Project?

Much of a professional’s day-to-day work involves delivering projects. When you think of project management, many people tend to picture teams in large organisations working on large-scale projects. Many of your smaller tasks are actually projects as well. It can be disastrous to mistake a project for regular work. According to the Project Management Institute … Read more

Optimism Bias in Project Planning

Professor Bent Flyvbjerg in his research identified two main causes of misinformation in policy and management: strategic misrepresentation (or lying!) and optimism bias (appraisal optimism). Strategic misrepresentation is the planned, systematic distortion or misstatement of fact in response to incentives in the budget process. Optimism bias is the demonstrated systematic tendency for people to be … Read more