Improving on Time Tracking in JIRA

 At least 90% of humans incorrectly underestimate how long tasks will take to complete. We consistently predict wrong timings to time activities and work.  Whether at work, at home,or school, we need improvement in prediction of time.

There's even a name for this cause: it's known as the ‘Planning Fallacy. It was coined by psychologists Amos Tversky and Daniel Kahneman in their 1979 paper. 

As indicated by Kahneman's book one research showed that most homeowners expect home restoration tasks to cost about $19,000, though the genuine expenses is nearer to $39,000. Same goes for rail transportation budgets and estimation.

What Causes The ‘Planning Fallacy’ ?

  1. Increasing Scope :- As the project starts in real time, most additional features are also added, increasing the scope and time.
  1. Unutilized Experience :- People often do not account for their past experiences while doing a similar work . 
  1. Optimism :- People have an inherent trait of natural optimism which says every project would be completed smoothly without hiccups.
  1. External Factors:- Managers push the employees to work in minimum time, thereby affecting the psychology of employees to give minimum time estimations, which rarely happens.

Trick to Estimating Time Perfectly

  • Learn from the Past :- Best way to estimate the time correctly is to learn from the past and give realistic estimates based on experiences.
  • Predict Worst Possible Scenario :- In real time estimation, Pessimism works. If you can predict the worst possible outcome and you can fix that, you can control the timeline.
  • Aggregated Estimates :- Taking estimates from multiple sources and getting an average out of it is a reasonable idea for a realistic timeline.
  • Check Progress :- Constantly check the progress and review the progress with ideal estimates.
  • Try Time Tracking Software :- Multiple softwares are available on JIRA. Try one.

About Us :

Ziggle Tech is an award winning creative, technology and digital transformation agency helping enterprises to exploit the evolving world of cloud, digital, and platforms through digital transformation.

Some highlights and achievements:

As a global organization, our expertise includes digital transformation consulting, eCommerce design & development, redesigning, rebranding & replatforming websites, cloud infrastructure development, digital media marketing, and digital platform engineering. We are a New York Based ecommerce website development company & Shopify design and development in New York. We also provide our expertise in Magento design and development in New York.

Location: New York, NY, USA

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