Access to major new paper by Prof Bent Flyvbjerg added to PMWL
21 January 2022 – Dallas, TX, USA – Access to an important new paper by Professor Bent Flyvbjerg has been added to the PM World Library (PMWL). The paper titled “The Top Ten Behavioral Biases in Project Management: An Overview” was published in the Project Management Journal in December 2021.
According to author’s abstract: “Behavioral science has witnessed an explosion in the number of biases identified by behavioral scientists, to more than 200 at present. The paper identifies the ten most important behavioral biases for project planning and management. First, we argue it is a mistake to equate behavioral bias with cognitive bias, as is common. Cognitive bias is only half the story; political bias is the other half. Second, we list the top-ten behavioral biases in project management: strategic misrepresentation; optimism and uniqueness bias; the planning fallacy; overconfidence, availability, and hindsight bias; the base-rate fallacy; anchoring; and escalation of commitment. Each bias is defined and its impacts on project management explained, with examples…”
Bent Flyvbjerg is the first BT Professor and inaugural Chair of the Major Programme Management at the University of Oxford in the UK and the Villum Kann Rasmussen Profesor and Chair at the IT University of Copenhagen. He is the most cited scholar in the world of project management.
To read this paper, visit the Applications and Hot Topics section of the library at https://pmworldlibrary.net/applications-and-topics/, scroll down and click on “Project Planning”. Scroll down to find the resource. Registration is required to access; to see who has free access, visit https://pmworldlibrary.net/who-gets-free-basic-access/
