Planning Fallacy By Catherine Dodart

The planning fallacy is when we don’t calculate the amount of time it will take us to complete a task correctly.

I definitely have experienced this many, many, times. Sometimes I think that my ability on a certain task is so great that I will be able to do something in about an hours time. This has come to bite me in the butt on certain occasions. I know now that I always kind of need to give myself a little more time just in case something else becomes distracting or I get caught up in something. For example when it comes to homework, I often will procrastinate because I know that I can get it done and I don’t think it will take me very long to accomplish. However, I have found that even though I know what I am doing on the assignment, to make it presentable I end up taking more time than I originally had planned.

Everybody experiences this and sometimes it can even be on a daily basis, or else that’s just my bad planning habits:)

  1. #1 by Carmen on June 7, 2012 - 3:36 PM

    I have experienced the effect of the planning fallacy as well. For example, as I’m trying to complete my writing my 4 comments, I figured that they would take me no more than half an hour to write. Yet here I am after a full hour has passed, trying to finish up my last comment. Another example of this effect could be illustrated in the existence of “Mormon Standard Time” where typically everyone shows up to a church activity 4-7mins late. They fail to realize how long it will take to finish getting their son dressed for church, get everyone loaded into the car, and/or how long it will take to drive to church.

    • #2 by Carmen on June 7, 2012 - 3:37 PM

      The previous comment was written by Carmen Mowrey

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