Examlex
On agile projects,because communication is frequent and rapid,a directional indicator showing that things are getting better or worse in some manner is more valuable than a more detailed and polished report.
Framing Effect
A cognitive bias where people react differently to a particular choice or decision depending on how it is presented to them.
Overconfidence
The condition of being excessively confident or assured in one’s ability, correctness, or reliability, often without sufficient reason.
Framing Effect
A cognitive bias where people react differently to a choice depending on how it is presented, or "framed," especially as a loss or gain.
Belief Perseverance
The psychological phenomenon where individuals maintain their convictions even when confronted with contrary evidence, showcasing the difficulty of changing deeply held beliefs.
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