How to avoid project failures driven by overoptimistic schedules? Managers often attempt to mitigate the duration … underestimation and improve the accuracy of project schedules by providing their planners with excessively detailed project … limited effect on eliminating behavioral biases. We experimentally test the effectiveness of providing detailed specification …

Establishing realistic project plans and completing the resulting business projects on schedule is crucial for … organizations striving to effectively utilize their resources. However, incentivizing on-time project delivery may introduce moral … hazard, as people may respond to estimation accuracy incentives by strategically inflating project duration estimates and …