I think there is still a disconnect between management and programming. Making changes to a large program seem trivial to management while it might be a daunting tasks for programmers as it may fundamentally change the overall design on the program.
Have you read the book Mythical Man-Month ?
Its a good read on the subject of time and management.
Yes, I've read it, it's a classic.
I'm trying to formulate your comment into a "falsehood" PMs believe: "A very small change to a large program takes very little time." or sth.
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Its a good read on the subject of time and management.