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Planning fallacy: Why we are so bad at predicting how long something will take

Idea to Value

But did you know that it is one of the best examples of a project going over time and budget? Large-scale and important projects often take longer to complete and more money than originally planned. Large-scale and important projects often take longer to complete and more money than originally planned.

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“Island of Bryan” Couple Offers Their Top DIY Tips for New Homeowners

Business and Tech

We spoke with the couple about their experience fixing up a resort property — and attempting to open it during the COVID-19 pandemic — and got their best tips for homeowners looking to tackle their own DIY projects. In 2004, he took the step of founding his own construction company, and that decision became part of both our lives.

Tips 130
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65% of Venture Capital-backed deals fail to return investment, and only 4% make substantial returns

Idea to Value

The chart above shows the financial outcomes for 21,640 different financing deals between 2004 and 2013 (note that these were the total number of deals, not individual companies). However, new data from Correlation Ventures shows just how risky investing in new companies can be. And this scares a lot of managers.

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My innovation journey (so far)

Jeffrey Phillips

I'm ready to dive back in, to write about innovation, to lead innovation projects and to build up an innovation competency in the firms where people want to get good work done. My friend, who founded OVO Innovation with me in 2004, was really passionate about the idea of reviving innovation in corporations.

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Design Thinking Double Diamond Framework Training

InnovationTraining.org

Learn more about this classic Double Diamond design thinking framework and find resources, tips, and more to apply it to your own projects. Developed and popularized by the British Design Council, the double diamond framework has been around since 2004. You can also download the framework from the Design Council’s website here.

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What is Crowdsourcing, and How Can it Add Value to Your Enterprise?

Qmarkets

Since the 2004 publication of James Surowiecki’s highly influential book, The Wisdom of Crowds , the idea that large groups of people can be smarter than a few individuals, no matter how brilliant, has been gradually gaining prominence in academic circles, business communities, and public opinion.

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Integrating UX into the Product Backlog

Boxes and Arrows

Early agile pioneers were working on in-house IT projects (custom software) or enterprise software [ 1 , 2 ]. The User Experience Integration Matrix (UXI Matrix) addresses these problems by tying UX to the project backlog. Pearson Education, 2004. [2] 20, 2004: [link]. [3] Addison-Wesley Professional, 2004. [5]