QUESTION $14$

Assume you are a project manager. Which one of the following best illustrates an error you might make because of confirmation bias?

Overestimating the best outcome expected from a project while underestimating the possibility of a less favorable outcome

Assuming that a new project will be successful since similar projects in the past were successful

Assuming that your expectations of the future outcome from a project are more accurate than the expectations of others within your organization

Listening to the advice of subordinates with whom you agree while ignoring the advice of subordinates with whom you tend to disagree

Downplaying the cost of future failure of an existing project since the project has already paid for itself