Don’t forget that overconfidence bias will make you think it’ll take a shorter time than it does… therefore if you estimate that you can get it done in the last week, you may find that actually it’s a week and a half’s work to turn in a really good job, but you now don’t have the time to do that.
With more time you can review it if necessary… or just kick back and relax, knowing that everything’s already done.
I don’t have a lot of trouble with overconfidence bias; I base my time-to-finish-project estimates on other projects I’ve done in the past, and it’s generally about right. If it’s a kind of project I’ve never done before, I leave a bit more time. Also, I’m busy enough, during the school year anyway, that I’ll never be able to “kick back and relax” unless I put something aside for later.
I don’t have a lot of trouble with overconfidence bias; I base my time-to-finish-project estimates on other projects I’ve done in the past
Awesome—that’s a great skill to have taught yourself. You’ll have to keep an eye out for black swans—but you should be able to adapt the skill to new areas of expertise as you go along.
Yep—it’s not more efficient.
Don’t forget that overconfidence bias will make you think it’ll take a shorter time than it does… therefore if you estimate that you can get it done in the last week, you may find that actually it’s a week and a half’s work to turn in a really good job, but you now don’t have the time to do that.
With more time you can review it if necessary… or just kick back and relax, knowing that everything’s already done.
I don’t have a lot of trouble with overconfidence bias; I base my time-to-finish-project estimates on other projects I’ve done in the past, and it’s generally about right. If it’s a kind of project I’ve never done before, I leave a bit more time. Also, I’m busy enough, during the school year anyway, that I’ll never be able to “kick back and relax” unless I put something aside for later.
Awesome—that’s a great skill to have taught yourself. You’ll have to keep an eye out for black swans—but you should be able to adapt the skill to new areas of expertise as you go along.