Ebook: Time Predictions: Understanding and Avoiding Unrealism in Project Planning and Everyday Life
- Tags: Behavioral/Experimental Economics
- Series: Simula SpringerBriefs on Computing 5
- Year: 2018
- Publisher: Springer International Publishing
- Edition: 1
- Language: English
- pdf
This book is published open access under a CC BY 4.0 license.
Predicting the time needed to complete a project, task or daily activity can be difficult and people frequently underestimate how long an activity will take. This book sheds light on why and when this happens, what we should do to avoid it and how to give more realistic time predictions. It describes methods for predicting time usage in situations with high uncertainty, explains why two plus two is usually more than four in time prediction contexts, reports on research on time prediction biases, and summarizes the evidence in support of different time prediction methods and principles. Based on a comprehensive review of the research, it is the first book summarizing what we know about judgment-based time predictions.