Published: 15 October 2020
Benefits ManagementRisk ManagementProject ManagementProgramme Management
Avoid the perils of optimism bias when making project investment decisions
Project Optimism Bias in Capital Investment Decision Making
Optimism bias - a cognitive bias that causes someone to believe that they themselves are less likely to experience a negative event - can be a significant problem when making investment decisions for projects & programmes.
Our 'Project Optimism Bias in Capital Investment Decision Making' white paper - with content courtesy of Milvio DiBartolomeo - explains what optimism bias is, the consequences, and some of the guidance and techniques available to tackle and prevent it.
