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Sunk cost fallacy can be a problem if you spent sufficient time breaking down tasks for a big project. You may not want to pivot and re breakdown
by m3kw9 3y ago
Sunk cost fallacy can be a problem if you spent sufficient time breaking down tasks for a big project. You may not want to pivot and re breakdown
- petersellers 3y agoIsn't it more likely that you can catch yourself during the planning phase if the amount of work being estimated exceeds your budget? That seems much cheaper and easier to pivot from than if you were to make that realization halfway through your implementation.
- m3kw9 3y agoI think it’s par for the course because you can only plan so far before you run into miscalculations once you start doing it. You break down tasks for stuff very close range
- lelanthran 3y ago> Sunk cost fallacy can be a problem if you spent sufficient time breaking down tasks for a big project. You may not want to pivot and re breakdown Similarly, if you don't plan enough, and get far enough into a small project, you don't change your approach because of the sunk cost fallacy.
- m3kw9 3y agoRight, you are susceptible to it either way. In that case breaking down a task can potentially get you way further