I am not sure, but I think it may depend somewhat on the project type. There are certain projects where it seems like focusing on being aware of what you are doing makes it harder to do then just focusing on doing it. For instance, during this post, I periodically noticed myself concentrating on typing, and it seemed like it was making it harder to type than when I am just typing.
I believe this is called flow (if not, it seems similar) http://en.wikipedia.org/wiki/Flow_%28psychology%29
So it may be that what they are doing when setting that up is to be in a more flow minded mood when it comes to Quantified Self, and since flow is an enjoyable state, usually it ends up working out well.
But I suppose it is also possible to be in a flow minded mood about something for longer necessary, which you would think would be called overflow, and which would seem to link with what you are mentioning, but that doesn't actually seem to be the name of that failure mode.
I don't associate this with flow at all. I'm certainly not in a flow-state when gleefully considering evacuation plans. I'm just enjoying nerding out about it.
If it's worth saying, but not worth its own post, even in Discussion, it goes here.