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Why Your Projects Are Always Late — and What to Do About It (Ep. 323 Replay)

Freakonomics Radio

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Tackling Project Delays and Inefficiencies

This chapter explores strategies to overcome project delays, with insights from a project management expert advocating for a data-driven approach. It discusses persistent challenges in infrastructure megaprojects, including cost overruns, and highlights the issue of strategic misrepresentation in project planning. The chapter emphasizes the need for improved methodologies, like the UK's Green Book initiative, and the positive role of algorithms and statistical models in enhancing planning accuracy.

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