Planning Fallacy
A cognitive bias where individuals underestimate the time, costs, and risks of future actions while overestimating the benefits.
14 topics found for
“realistic planning”
Sales Forecasting
The process of estimating future sales based on historical data, trends, and market analysis.
Story Points
A unit of measure used in Agile project management to estimate the relative effort required to complete a user story or task.
Hofstadter’s Law
A principle that states tasks always take longer than expected, even when considering Hofstadter's Law itself.
Fibonacci Agile Estimation
A technique used in agile project management where tasks are estimated using the Fibonacci sequence to reflect the uncertainty and complexity of work.
Technical Feasibility
The practicality of implementing a solution based on technical constraints and capabilities.
Sprint Goal
A concise statement of what the team aims to achieve during a sprint, providing direction and a shared understanding of the sprint's purpose.
SOM
Serviceable Obtainable Market (SOM) is the portion of the Serviceable Addressable Market that a company can realistically capture.
Feasibility Risk
The risk that the product cannot be built as envisioned due to technical limitations, resource constraints, or other practical challenges.