Escaping the Planning Fallacy: Embedding Optimal Bias into Infrastructure Delivery
In this white paper, we explore why infrastructure projects continue to face delays and cost overruns — and how the real issue lies in human bias, not just poor planning. Drawing from Daniel Kahneman's research, we introduce the concept of Optimal Bias and show how Mavryck's AI transforms it into actionable intelligence.
Despite decades of innovation in project management, cost and schedule overruns remain endemic in infrastructure. The culprit isn't just poor execution — it's flawed forecasting, driven by deep-rooted cognitive biases.
You'll learn how to:
- Detect and correct overly optimistic forecasts
- Use historical data to predict future project performance
- Identify early warning signs of slippage
- Map the ripple effects of flawed assumptions
- Boost confidence in executive decisions with data-backed scoring
Uncover how to replace reactive project management with predictive foresight — and finally escape the planning fallacy.
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