Optimism bias in teams

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This article will look at optimism bias, why it is important to manage teams and what effects it can have on teams, who puts their efforts towards reaching a common goal. How it can affect the dynamics and effect-coordination  in the team work. Regarding moral, motivation and expectations, as well as to both look at the positive and the negative effects of optimism bias. Look at the difference between strategic misinterpretation and optimism bias. <ref name="DSISO 21502 2020"/>  
 
This article will look at optimism bias, why it is important to manage teams and what effects it can have on teams, who puts their efforts towards reaching a common goal. How it can affect the dynamics and effect-coordination  in the team work. Regarding moral, motivation and expectations, as well as to both look at the positive and the negative effects of optimism bias. Look at the difference between strategic misinterpretation and optimism bias. <ref name="DSISO 21502 2020"/>  
  
As optimism and misinterpretation, in general, can have large effects, and can cloud and  lead to under- and over-reactions in decision making. It is therefore important to recognize both the investors, teams and individuals' decision making. As the actions and reasoning (as people are seen to act radically). <ref name="Jian"/>  
+
As optimism and misinterpretation, in general, can have large effects, and can cloud and  lead to under- and over-reactions in decision making. It is therefore important to recognise both the investors, teams and individuals' decision making. As the actions and reasoning (as people are seen to act radically). <ref name="Jian"/>  
  
Gave an general idea of how to manage, spot and handle optimism bias in (project &) teams.
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Give a general idea of how to manage, spot and handle optimism bias in (project &) teams.
  
=Something=
 
  
bbla bla..
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=Optimism in general=
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=Optimism bias=
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is when ….  
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“A teams puts their efforts towards reaching a common goal.
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Not to mistake it for Strategic misrepresentation, which is when
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=Managing teams and optimism bias=
  
  

Revision as of 22:02, 12 February 2023

This article will look at optimism bias, why it is important to manage teams and what effects it can have on teams, who puts their efforts towards reaching a common goal. How it can affect the dynamics and effect-coordination in the team work. Regarding moral, motivation and expectations, as well as to both look at the positive and the negative effects of optimism bias. Look at the difference between strategic misinterpretation and optimism bias. [1]

As optimism and misinterpretation, in general, can have large effects, and can cloud and lead to under- and over-reactions in decision making. It is therefore important to recognise both the investors, teams and individuals' decision making. As the actions and reasoning (as people are seen to act radically). [2]

Give a general idea of how to manage, spot and handle optimism bias in (project &) teams.


Contents

Optimism in general

Optimism bias

is when ….


“A teams puts their efforts towards reaching a common goal.”


Not to mistake it for Strategic misrepresentation, which is when


Managing teams and optimism bias

References

  1. DS/ISO 21502 (2020) Project, programme and portfolio mangement - guide on project management
  2. Jian Wang, Xintian Zhuang, Jun Yang & Jiliang Sheng (2014) The effects of optimism bias in teams, Applied Economics, 46:32, 3980-3994, DOI: 10.1080/00036846.2014.948678
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