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What two steps can a project manager take to overcome the planning fallacy?

a. Increase the project's budget.
b. Expand the project's scope.
c. Consider all risks and carefully examine them.
d. Meet with teammates to uncover potential risks.

1 Answer

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Final answer:

A project manager can overcome the planning fallacy by carefully considering all risks and collaborating with team members to identify potential risks, leading to more realistic planning.

Step-by-step explanation:

To overcome the planning fallacy, a project manager should take the following two steps:

  • Consider all risks and carefully examine them, including those that may not be immediately obvious.
  • Meet with teammates to uncover potential risks that can be foreseen through collective insight.

By acknowledging and addressing the full range of possible risks and uncertainties, project managers can create more accurate and realistic plan outlines. Moreover, involving team members in the risk identification process promotes a collaborative environment where proactive problem-solving is encouraged. This combined approach not only helps in mitigating the planning fallacy but also contributes to a more resilient project plan that accounts for the complexities of real-world project execution.

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