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Re:Yes, Estimate Software Projects by s_gourichon on Tuesday October 29, 2019 @04:56PM (#21391920)
Yes. Let's rephrase the idea a little more formally.

Few hypotheses are necessary for a thought experiment that reproduces the issue.

Given a project:

* some people/teams produce accurate estimates

* some people/teams produce overly optimistic estimates

If decision-maker is not aware, it can easily conflate optimistic estimate with a more efficient team (or just more enticing).

If the possibility of overly optimistic estimates are not taken seriously, the more accurate team can seem just less efficient / lazy / trying to charge more for the same work / etc. For example if the decision-maker is actually a client comparing several suppliers.

Extra risk if decision-making is diluted among many people (harder to get clear and consistent view).

This puts the teams in a competition similar to the prisoner's dilemma. Honest estimates get punished, treacherous estimates are favored. No wonder so many projects are over-budget, when they are not too over-budget to complete at all.

The only actual hypothesis here is: "decision-maker conflating optimistic estimates with better value". It seems very common. If decision-maker doesn't fall into this trap, the problem disappears, right?

What can we do to shift the equilibrium? A manifesto?

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