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Misinterpretations of the Cone of Uncertainty

Herding Cats

The Cone of Uncertainty as a Technical Performance Measure. Management of this reduction work and measurement of the progress is a Close Loop Control System paradigm. Closed Loop Control, has a goal, an action, a measurement, and a corrective action. Thesis, University of Southern California, August 2012.

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Modeling the Future is the Basis of Project Success

Herding Cats

For approaches that have been implemented on existing systems, obtaining such understanding may require measurement and analysis. For scenarios where the project under consideration does not yet exist, performance prediction using analytical modeling or simulation is necessary. The IMS is then placed on a baseline in the PMB.

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Compendium of Works to Increase Probability of Project Success

Herding Cats

Project Performance Management (#PPM). Technical Performance Measures (#TPM). Cost, Schedule, and Technical Performance Management (#CSTPM). The overarching theme is focused on defining what Done looks like, assessing progress toward Done in units of measure meaningful to the decision makers.

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Complete Collection of Project Management Statistics 2015

Wrike

Implement/enhance performance measurement process – 39%. [13]. Consistent application of defined processes – 44%. Number of companies with a PMO has grown from 47% to 80% from 2000-2012. PricewaterhouseCoopers: Insights and Trends: Current Programme and Project Management Practices 2012. Finance – 93%.

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