2min chapter

Freakonomics Radio cover image

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

Freakonomics Radio

CHAPTER

The Flubiar Embraced Theory of Strategic Misrepresentation

Flubiar Embraced is a new series of BBC Radio 4 documentaries. This week, they look at the impact of cost overruns and schedule overruns on mega projects. The researchers say there are two theories as to why this happens. One theory is called strategic misrepresentation - you lie in order to get what you want. They interviewed planners who said it was done deliberately for political reasons.

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