Optimism bias, strategic misinterpretation and reference class forecasting

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Major Projects throughout the world face high overruns and potential overestimation on initial budgets.
  
  
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== Optimisim Bias ==
 
== Optimisim Bias ==
  
== Strategic Misinterpretation =
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== Strategic Misinterpretation ==
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== Conclusion ==
 
== Conclusion ==
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Revision as of 17:01, 23 February 2018

Major Projects throughout the world face high overruns and potential overestimation on initial budgets.


Contents

Background Information on Flyrbergs danish theory

flyberg

_TOC_

link nobel all 3 business practise limitations alternatives conclusion

Optimisim Bias

Strategic Misinterpretation

Reference Class Forecasting

Business Practise

Limitations

Alternatives

Conclusion

pmi view on danish nobel professor with theory on optimism bias 20 page repyrt on limitations and examples[1]

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