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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
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Why Johnny Can't Do The Math

Herding Cats

All business microeconomics decision processes focus on Value, but along with that is the equal focus on the Cost to produce that Value. Ergodic processes are stochastic processes with a statistical property that can be deduced from a single, sufficiently long, random sample of the underlying process.