Pronunciation: /ðə ˈplænɪŋ fæləsi/
noun a word that represents a person, place, thing, or idea
A1 The planning fallacy is when people underestimate how long a task will take.
A2 Students often fall victim to the planning fallacy when they think they can finish a project in one night.
B1 Understanding the planning fallacy can help individuals better manage their time and deadlines.
B2 Project managers need to be aware of the planning fallacy in order to create realistic timelines for their teams.
C1 The planning fallacy is a common cognitive bias that can lead to delays and cost overruns in large-scale projects.
C2 Experts in project management use various techniques to mitigate the effects of the planning fallacy and improve project outcomes.
formal The planning fallacy refers to the tendency for individuals to underestimate the time, costs, and risks involved in completing a project.
informal We fell victim to the planning fallacy and ended up way behind schedule on the construction project.
slang Don't let the planning fallacy get you - always add extra time and resources to your estimates.
figurative The planning fallacy is like wearing rose-colored glasses when it comes to project timelines.
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