Thanks to this cognitive bias, we often radically underestimate how long a project will take. At the beginning or during planning, we're excessively optimistic about what's possible in a single day. It's not all bad news though. The power of the planning fallacy can diminish over time. While we might underestimate how long a project will take, we can also underestimate how much we can accomplish within a year.A constraint is a great way of becoming more creative and effective.
. When a deadline draws near, your team should gain momentum and try to hit it. Even if they don't, an external deadline will help everyone avoid letting customers or clients down.You might have lots to do every day, but it's a simple fact: Only 20% of your daily tasks lead to 80% of the results. Did you ask yourself,"What's my most important task for today?"? Your answer should relate to a key project.
Writers track their word count. Sales executives track their calls. Marketing executives track metrics like leads generated. So ask yourself,"What's the key metric related to my project?". Then keep score every day in a visible way.A project brief might change. A key team member could quit. A tool might stop working. And costs spiral. It's natural for something to go wrong during a project, particularly if it's a long-term one.
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