Tag

Optimism Bias

Recommendations related to optimism bias

2 recommendations 100% accepted

Tag overview

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