In the world of project management, the impact of confirmation bias cannot be underestimated. It’s a danger that has proven its destructive power time and again. Take, for example, the cautionary tale of Theranos, a once-celebrated biotech startup poised to revolutionize blood testing. But lurking beneath the surface of its apparent success was a devil that everyone knows too well: confirmation bias. This insidious bias clouded the judgment of executives and investors, blinding them to dissenting voices and contradictory evidence. The result? A catastrophic fallout marked by legal battles, financial losses, and irreparably damaged reputations. The Theranos scandal is a stark reminder of the perils of confirmation bias and its potential to wreak havoc on even the most promising projects.

Continue reading → The Devil You Know: The Danger of Confirmation Bias in Project Management