Optimism bias, strategic misinterpretation and reference class forecasting
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− | + | Multi-National corporations completing large-scale projects throughout the world face high overruns and potential overestimation on initial budgets. This can be a result of a number of factors. | |
== Background Information on Flyrbergs danish theory == | == Background Information on Flyrbergs danish theory == | ||
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== Optimisim Bias == | == Optimisim Bias == | ||
== Strategic Misinterpretation == | == Strategic Misinterpretation == | ||
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== Reference Class Forecasting == | == Reference Class Forecasting == | ||
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== Conclusion == | == Conclusion == | ||
− | + | == References == | |
− | + | [http://peakconsulting.dk/Portals/0/media/PMO-forum/23-nov-2011/Flyvbjerg_2008_CurbingOptimismBiasAndStrategicMisrepresentationInPlanningReferenceClassForecastingInPractice.pdf] | |
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Revision as of 18:05, 23 February 2018
Multi-National corporations completing large-scale projects throughout the world face high overruns and potential overestimation on initial budgets. This can be a result of a number of factors.
Contents |