2007 Closing Performance Measurement Risk 
Herding Cats
DECEMBER 4, 2017
In the Project Controls paradigm, Value is a measurable attribute of the project controls process - a Closed Loop Control measure. The units of measures of Cost and Time are straightforward. The Measures of Effectiveness. Measures of Performance. The Technical Performance Measures.
Herding Cats
JUNE 19, 2017
The Cone of Uncertainty as a Technical Performance Measure. Closed Loop Stochastic Adaptive control in the presence of Evolving Uncertainty. Uncertainty creates Risk. Risk management requires active reduction of risk. Closed Loop Control, has a goal, an action, a measurement, and a corrective action.
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Herding Cats
JULY 24, 2017
Don't toss out the notion that reducing risk and uncertanty and all other performance measures doesn't follow the plan. . The Cone of Uncertainty is the Planned reduction in the uncertainty of critical project variables (cost, schedule, technical performance) needed to increase the probability of project success.
Herding Cats
JANUARY 22, 2017
Aleatory and Epistemic uncertainties, which create the risk to the success of the project. Other uncertainties that create risk include: Unrealistic performance expectation with missing Measures of Effectiveness and Measures of Performance. Here's a simple definition of the Cone of Uncertainty: .
Herding Cats
FEBRUARY 4, 2017
Aleatory and Epistemic uncertainties, which create the risk to the success of the project. Other uncertainties that create risk include: Unrealistic performance expectation with missing Measures of Effectiveness and Measures of Performance. Here's a simple definition of the Cone of Uncertainty: .
Herding Cats
JANUARY 17, 2017
Aleatory and Epistemic uncertainties, which create the risk to the success of the project. Other uncertainties that create risk include: Unrealistic performance expectation with missing Measures of Effectiveness and Measures of Performance. Here's a simple definition of the Cone of Uncertainty: .
Herding Cats
MARCH 4, 2017
This is an immutable principle that impacts planning, execution, performance measures, decision making, risk, budgeting, and overall business and technical management of the project and the business funding the project no matter the domain, context, technology or any methods. We need a formal risk management process.
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