As a software engineer I have always struggled with predicting how long a project would take by underestimating and I have noticed that all of my colleagues have the same problem.
In this video at 3:32 Luke Jones labels this problem The familiar road phenomena where people underestimate how long a task will take when they are familiar with the task.
- What studies have been conducted on the familiar road phenomena?
- Why do humans do this and what is the evolutionary advantage?