Provide four examples of how cognitive bias has the potential to interfere with objective performance in a project management environment. PM Activity That Was or Could Be Subject to Cognitive Bias Possible Cognitive Bias How This Cognitive Bias Might Be Avoided or Minimized

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Cognitive Bias Identification Team Exercise
Provide four examples of how cognitive bias has the potential to interfere
with objective performance in a project management environment.
PM Activity That Was or Could Be
Subject to Cognitive Bias
Possible Cognitive Bias
Estimation of a task duration in which a Availability heuristic recency bias
team member claims to obtain an
accurate estimate by asking someone
they met in the parking lot last night
How This Cognitive Bias Might Be
Avoided or Minimized
Obtain additional estimates by
consulting a variety of sources with
vetted backgrounds.
Transcribed Image Text:Cognitive Bias Identification Team Exercise Provide four examples of how cognitive bias has the potential to interfere with objective performance in a project management environment. PM Activity That Was or Could Be Subject to Cognitive Bias Possible Cognitive Bias Estimation of a task duration in which a Availability heuristic recency bias team member claims to obtain an accurate estimate by asking someone they met in the parking lot last night How This Cognitive Bias Might Be Avoided or Minimized Obtain additional estimates by consulting a variety of sources with vetted backgrounds.
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