by Jule | Aug 2, 2023 | Decision making, Strategy
Daniel Kahneman, a Nobel laureate in Economics, comprehensively explores human thought processes in his book Thinking, Fast and Slow. Drawing on decades of psychology and behavioural economics research, Kahneman delves into how we make decisions, form judgments, and...
by Jule | Jul 12, 2023 | Decision making, Software Development, Strategy
The Cynefin framework, developed by Dave Snowden in 1999 while at IBM, is a conceptual tool designed to aid decision-making. Cynefin, a Welsh term meaning “habitat” or “place of multiple belongings,” categorises problems into five distinct...
by Jule | May 19, 2023 | Decision making, Strategy
Strategic misrepresentation is the deliberate and systematic distortion or misstatement of information for strategic purposes. It can occur in project planning, budgeting, and other organizational contexts, where individuals or groups intentionally provide false or...
by Jule | Aug 19, 2022 | Decision making, Strategy
Reference Class Forecasting and Taking an “Outside View” are decision-making techniques designed to reduce bias, particularly in project management and planning. Both concepts aim to counteract the common cognitive and political biases that often lead to...
by Jule | Aug 2, 2022 | Decision making, Strategy
The report titled “Top-Ten Behavioral Biases in Project Management: An Overview” by Bent Flyvbjerg provides a comprehensive analysis of the most significant behavioral biases that affect project management. The author highlights the growing recognition of...