- mean – 6.8 Months
- Median – 6 Months
- standard deviation – 3.7
control – no explicit anchoring
- mean – 8.3
- Median – 7
- standard deviation – 4.4
Condition for ’20 months’
- Mean – 17.4
- Median – 16
- standard deviation – 5.6
These results are consistent with my own experience. It is important to note that although they were supposedly estimating exactly the same software requirements, it is very possible that the 2 month’ group would have produced significantly different products than the 20 month group. This is some food for thought. What influences are creating anchors when you and your team put together estimates? There are many, and some of them are likely to be arbitrary. These may come from stakeholders, sponsors, project managers, team members, or even leaders. This is my favorite example. It leads to a poor estimate and creates an anchor for future estimates. What do you think?