Remove 2010 Remove Definition Remove Performance Measurement Remove Risk
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Managing in Presence of Uncertainty

Herding Cats

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.

2010 28
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Decision Analysis - Ordinal and Cardinal Measures

Herding Cats

Using this method, the performance, cost, time, and risks of alternatives can be articulated as ratios that can then be compared with one another. This decision model for software development projects addressed: performance, cost, time, and risk. Mathematically, the value equals performance over cost plus time.

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Deconstructing The Cone of Uncertainty

Herding Cats

But there are reasons provided for this failure to reduce the uncertainty and then it's argued that the CoU is not valid while at the same time acknowledging the data may not be definitive and has direct causes for not being reduced inside a shrinking cone of uncertainty. Thesis, George Mason University, 2010. "An Wallshein, Ph.D.

2007 42
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Cone of Uncertainty - Part Cinq

Herding Cats

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: .

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Cone of Uncertainty - Part Cinq (Updated)

Herding Cats

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: .

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Cone of Uncertainty - Part Trois

Herding Cats

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: .

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What Is Risk?

Herding Cats

Risk is the effect of uncertainty of objectives. In the context of risk management, uncertainty exists whenever the knowledge or understanding of an event, consequence, or likelihood is inadequate or incomplete ? ISO 31000:2009, ISO 17666:2016 and ISO 11231:2010 Risk is Uncertainty that Matters. Programmatic ?

Risk 39