If you understand the reasons why we tend to underestimate how long tasks will take, you can take steps to avoid the pitfalls of the planning fallacy and start forming more realistic estimates. …

To avoid the negative consequences of underestimating—at both work and in life—you have to make an effort to stop estimating using intuition only. And the best way to do that is to use an estimation technique: an exercise designed to help you form more realistic estimates.

The following six estimation techniques are all designed to help you avoid underestimating when you’re trying to determine how much time a task will take.

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