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I guess it might be a case of 2 candidates that are very similar post-interview and then the PIR comes into play?
I also read an interview with the former admissions director of HBS where she said they do this (and other things in the process) to improve the applicant experience. In the PIR’s case, I think she said something about “giving the applicant the last word” after a very long process.
However, agree with your overall sentiment that it is kinda pointless and just adds work for us :)
I imagine there might also be a quick test/ sense check of self-awareness, i.e. if it went fine and then you panic and start apologising for things it likely won’t go down well