Blind spot analysis “Avoiding common fatal flaws in decision making” By Vikas kumar(mca/4547/08) & Rakesh kumar(mca/4534/08)
Understanding the origin of Blind spot analysis
Blind spot is a biological term related to human eye and Neuroscience. What you think depends on what you see – Neuroscience.
Defining Blind spot analysis
Blind spot analysis is a method aimed at uncovering obsolete assumptions in a decision maker’s mental scheme of the environment. In other words, It uncovers flaws in the process of strategic decision making that are caused by bias and misinterpretation (may be due to incapability).
Resources of blind spots
Misinterpretation
Human incapability
Human bias
Fact ignorance
Misinterpretation
Invalid assumptions
Information filtering
Human bias
Overconfidence
Winners curse
Escalating commitments
How it affects – a case study Project Planning
Scheduling
Cost estimation
Project scheduling
Ignorance of any requirements may lead to a blind spot for designing & procuring. And this spot may misguide the authority in project scheduling. And excessive or irrational schedules are probably the single most destructive influence in all of software.
Cost estimation
Due to lack of adequate knowledge (off-course, due to the spot during analysis), the authority may estimate the project cost less than whatever is required. And this wrong decision may be one of the main reason of project failure.
How to overcome this problem
Always keep in touch with environment externally and internally. Perform regular competitive intelligence program. Perform benchmark testing regularly.
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