High Impact
Algorithm: Low
Decision Making
Planning Fallacy
"Past performance is no indicator of future results, especially when it comes to my time management."
What is Planning Fallacy?

Underestimating the time or resources needed to complete a task. Optimism meets reality badly.

Real-World Impact

Causes project delays, budget overruns, and explains why construction projects never finish on time.

Fun Fact

Even when people know about this bias, they still fall victim to it. Self-awareness doesn't cure optimistic delusion.

Random Insight

"Reminder: Every decision you make is influenced by biases you don't know you have. Sweet dreams!"

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