The uniqueness trap: your project isn’t one of a kind, and that’s a good thing because it means you can learn from others how to manage it better. (Record no. 529698)

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008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
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100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Flyvbjerg, Bent Budzier, Alexander Christodoulou, M.D. and Zottoli, M.
245 ## - TITLE STATEMENT
Title The uniqueness trap: your project isn’t one of a kind, and that’s a good thing because it means you can learn from others how to manage it better.
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc Hayward Business Review
300 ## - PHYSICAL DESCRIPTION
Extent 103(2), Mar-Apr, 2025: p.119-125
520 ## - SUMMARY, ETC.
Summary, etc Project managers and planners are highly prone to believing that their projects are one of a kind—partly because those that seem new and distinctive are more likely to win support. But research on 1,300-plus projects reveals that few, if any, actually are unique. The problem is, the perception of uniqueness causes managers to think there’s nothing to learn from other projects, which leads them to underestimate risk, make poor decisions, and blow through budgets and schedules. The cure is to always assume that someone, somewhere has undertaken a project like yours. If you can’t find an analogue, break your project into components, which may prove comparable with other projects. Then use forecasting and other risk assessment tools to avoid biases that undermine good choices. – Reproduced

https://hbr.org/2025/03/the-uniqueness-trap
773 ## - HOST ITEM ENTRY
Main entry heading Hayward Business Review
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Item type Articles
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Permanent location Current location Date acquired Serial Enumeration / chronology Barcode Date last seen Koha item type
          Indian Institute of Public Administration Indian Institute of Public Administration 2025-05-06 103(2), Mar-Apr, 2025: p.119-125 AR135601 2025-05-06 Articles

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