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Deconstructing The Cone of Uncertainty

Herding Cats

Don't toss out the notion that reducing risk and uncertanty and all other performance measures doesn't follow the plan. . Six Rules of Effective Forecasting," Paul Saffo, Harvard Business Review , July-August 2007. Software Measurement and Estimation: A Practical Approach , Linda M. 37–48, 2007. . Laird and M.

2007 42
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Cone of Uncertainty - Revisited

Herding Cats

Specific actions to reduce the Episuncertaintiesnaties and Margin to handle the Aleatory uncertainies are part of any good project management process. . Coping with the Cone of Uncertainty: An Empirical Study of the SAIV Process Model,” Da Yang, Barry Boehm, Ye Yang, Qing Wang, and Mingshu Li, ICSP 2007 , LNCS 4470, pp.

2012 29
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Fallacy of the Day

Herding Cats

Project Controls are Management Actions, either preplanned to achieve the desired result, or taken as a corrective measure prompted by the monitoring process. Project controls are concerned with the metrics of the project – quantities, time, cost, and other resources and their measurable beneficial outcomes for the project.

2005 37
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Misinterpretations of the Cone of Uncertainty

Herding Cats

The Cone of Uncertainty as a Technical Performance Measure. Misinterpretations of the “Cone of Uncertainty” in Florida during the 2004 Hurricane Season, Kenneth Broad, Anthony Leiserowitz, Jessica Weinkle, and Marissa Steketee, American Meteorological Society , May 2007. Measure of Effectiveness. Measure of Performance.

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Cone of Uncertainty - Part Cinq

Herding Cats

When actual measures of cost, schedule, and technical performance are outside the planned cone of uncertainty, corrective actions must be taken to move those uncertanties inside the cone of uncertanty, if the project is going to meet it's cost, schedule, and technical performance goals. . Resources. [1]

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Cone of Uncertainty - Part Cinq (Updated)

Herding Cats

The Measures that are modeled in the Cone of Uncertainty are the Quantitative basis of a control process that establishes the goal for the performance measures. This is a closed loop control system for managing the program with a T echnical Performance Measure (TPM).

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Managing in Presence of Uncertainty

Herding Cats

The uncertainty is always there, it doesn't go away with specific actions in specific domains, or with the use of any tools, processes, or practices. This includes the Measures of Effectiveness (MoE), Measures of Performance (MoP), Key Performance Parameters (KPP), and Technical Performance Measures (TPM) of the deliverables.

2010 28