Question 8What is a strategy to overcome the planning fallacy?1 pointIncrease the budget.Add additional teammates.Expand the project scope.Add task buffers.

The planning fallacy is a cognitive bias that causes people to underestimate the time it will take to complete a task. Here's a step-by-step strategy to overcome the planning fallacy:

1. Increase the budget: While this may not directly address the issue of time underestimation, having a larger budget can allow for more resources to be allocated to the project, potentially speeding up the process.

2. Add additional teammates: This can help to distribute the workload more evenly and potentially speed up the project. However, it's important to remember that adding more people to a project doesn't always mean it will get done faster due to the complexity of coordinating larger teams.

3. Expand the project scope: This is not a good strategy to overcome the planning fallacy. Expanding the project scope will likely add more tasks and complexity to the project, potentially exacerbating the planning fallacy.

4. Add task buffers: This is a very effective strategy. By adding extra time to the estimates for each task (a "buffer"), you can account for unexpected delays or issues that arise. This can help to ensure that the overall project timeline is more realistic and achievable.

So, the most effective strategies to overcome the planning fallacy are to add additional teammates and task buffers.