What you as a manager can do to bring realism into projects

Reference no: EM13301458

It is well established that, in aggregate, projects under-attain the results of the analyses used to justify acceptance of the projects. Among the articles written on why that bias is one of optimism one states, "Forecasts of future outcomes are often anchored on plans and scenarios of success rather than experiences in similar on past results, and are possibly overly optimistic." Discuss (1) the factors leading to overly optimistic project projections and (2) what you as a manager can do to bring realism into projects you develop.

Reference no: EM13301458

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