Optimism, Hubris, and Strategic Misrepresentation
(Plus a Bias for Action, and Uniqueness Bias) Why Big Projects Are So Bad
In Part I, I explained what a disaster IT projects are, but you probably already knew that. We covered how the graph of their outcomes is not a bell curve, although that’s almost everyone’s assumption for everything. On the contrary, it’s much worse: the “tail” of budget overruns is long and fat.
The subject of Part I was “Why Big Software Projects Becom…