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Behavioural Biases in Organizational Decision Making
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5 min read
I came across an interesting report about behavioural biases in decision making and project planning. This was extremely timely as I have been reading about biases and improving decision making lately, and this report ties together various principles with tangible impacts on project planning. Link to the report: http://www.behaviouralinsights.co.uk/publications/a-review-of-optimism-bias-planning-fallacy-sunk-cost-bias-and-groupthink-in-project-delivery-and-organisational-decision-making/ I’ll do my best to summarize…