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Misunderstanding Making Decisions in the Presence of Uncertainty

Herding Cats

What happens if you shift focus from "accurate estimation" to "reliably shipping by a date"? . If your project has no uncertainty, there is no need to estimate. All estimates have precision and accuracy. Deciding how much precision and accuracy is needed for a credible estimate is critical to the success of that decision.

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Risk Management Resources

Herding Cats

requires making estimates) ? Effective Risk Management 2 nd Edition , Edmund Conrow, AIAA, 2003. 105, 2003. “A Estimation of Long?Term Risk Analysis & Estimating Uncertainty … and what this has to do with the price of milk in McLean,” Phil Beenhouwer, The Society of Cost Estimating & Analysis (SCEA), May 17, 2006.

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A Compendium of Risk Management Resources

Herding Cats

requires making estimates) ? Effective Risk Management 2nd Edition, Edmund Conrow, AIAA, 2003. 105, 2003. “A Estimation of Long?Term Risk Analysis & Estimating Uncertainty … and what this has to do with the price of milk in McLean,” Phil Beenhouwer, The Society of Cost Estimating & Analysis (SCEA), May 17, 2006.

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Complete Collection of Project Management Statistics 2015

Wrike

3% use PRINCE2. [4]. Government – Federal. Government – City/State/Local. Estimated Project-Oriented Job Openings 2010-2020: . The number of firms with a PPM process in place grew from 64% in 2003 to 71% in 2013. [13]. Inadequate cost estimates – 29%. Inaccurate task time estimate – 27%. 116,100. .

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