Analysis paralysis

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Project management - behavioural skills - self management and accountability - working effectively with others.

Analysis paralysis is excessively detailed or time-consuming review of decisions, including minor decisions.

Analysis paralysis usually involves being too fearful about the potential disadvantages of a course of action.

It can result in substantial lost opportunity costs.

Cures for analysis paralysis include:

  1. Recognising that delay and inaction are also choices, which can carry a significant cost, especially in lost opportunities.
  2. Appropriately identifying which major projects and decisions truly warrant very detailed review, and making quicker decisions about other minor projects.
  3. A culture of taking swift remedial action as projects evolve and opportunities to improve are identified.
  4. Heuristics.

See also