Optimism Bias

Recommendations related to optimism bias

2
Recommendations
100% accepted
Government Response
Accepted (1)Accepted in Part (1)
Recommendations in This Theme

recommendation across 1 inquiry

Across 1 inquiry
Tagged Recommendations
2 total
ETI-6 Accepted
Edinburgh Tram Inquiry
Optimism Bias in Business Cases
All Business Case versions must include risk assessments accounting for optimism bias per published government guidance.
- In November 2023, the Scottish Government stated it already operates in line with best practices for governance and light rail delivery (Transport Secretary Statement …
Scottish Government
ETI-8 Accepted in Part
Edinburgh Tram Inquiry
Update Optimism Bias Guidance
Optimism bias guidance, based on decades-old data, requires updating to include light rail projects and reflect current empirical evidence, with reviews every five years.
- In November 2023, the Scottish Government stated it already operates in line with best practices but would consider updating guidance (Transport Secretary Statement on …
Scottish Government