Optimism bias, strategic misinterpretation and reference class forecasting
From apppm
(Difference between revisions)
Alexbaizanos (Talk | contribs) |
Alexbaizanos (Talk | contribs) |
||
| Line 1: | Line 1: | ||
| − | + | 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 == | ||
| − | |||
| − | |||
| − | |||
| − | |||
| − | |||
| − | |||
| − | |||
| − | |||
| − | |||
| − | |||
| − | |||
| − | |||
== Optimisim Bias == | == Optimisim Bias == | ||
== Strategic Misinterpretation == | == Strategic Misinterpretation == | ||
| − | |||
== Reference Class Forecasting == | == Reference Class Forecasting == | ||
| Line 32: | Line 19: | ||
== Conclusion == | == Conclusion == | ||
| − | + | == References == | |
| − | + | [http://peakconsulting.dk/Portals/0/media/PMO-forum/23-nov-2011/Flyvbjerg_2008_CurbingOptimismBiasAndStrategicMisrepresentationInPlanningReferenceClassForecastingInPractice.pdf] | |
| − | + | ||
| − | + | ||
| − | + | ||
| − | + | ||
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 |
