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Understanding the Mind

Planning Fallacy

Planning Fallacy

The planning fallacy is the tendency to optimistically predict that a task will be completed faster and more easily than it actually will be. It's an extremely common cognitive bias that nearly everyone experiences at some point.

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What is the Planning Fallacy?

The planning fallacy is a concept first proposed in 1979 by psychologists Daniel Kahneman and Amos Tversky. It refers to a systematic bias in which people underestimate the time, cost, and effort required for a future task while overestimating the likelihood of success.

Why Does the Planning Fallacy Happen?

Mindy is here to explain. The main reasons the planning fallacy occurs include:

  • Inside view bias: We focus only on the specific details of the current plan rather than drawing on past similar experiences.
  • Optimism bias: We tend to ignore the possibility that obstacles or unexpected problems will arise.
  • Motivational factors: The desire to finish quickly clouds our realistic judgment.
  • The Planning Fallacy in Everyday Life

    If you've ever thought a report would take one day but it ended up taking three, or assumed an hour would be enough for cooking only to spend over two hours in the kitchen — you've experienced the planning fallacy firsthand.

    How Can We Reduce It?

  • Use an outside view: Look back at how long similar tasks actually took you in the past.
  • Build in buffer time: Adding 30–50% extra to your estimated time makes for a more realistic plan.
  • Break it into steps: Dividing a big goal into smaller units helps you predict the time needed for each stage more accurately.
  • Connection to Mental Well-Being

    Frequently experiencing the planning fallacy can lead to self-blame and frustration. But this is not a reflection of your lack of ability — it's a natural cognitive tendency that everyone shares. Mindy reminds you that being gentle with yourself is what truly matters.

    💡 Real-Life Example

    Planning to study for an exam in just two days, only to find it actually takes a full week, is a classic example of the planning fallacy.

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    This content is for educational purposes and does not replace professional medical diagnosis.

    Planning Fallacy (Planning Fallacy) | 마음스캔 심리학 용어사전