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Research clearly shows the root causes of most software projects cost and schedule overruns and technical shortfalls comes from poor risk management. Risk can be the potential consequence of a specific outcome that affects the system’s ability to meet cost, schedule, and/or technical objectives. Epistemic uncertainty ?
The Cone of Uncertainty as a TechnicalPerformanceMeasure. If the parameter of interest is not being reduced as needed, go find out why and fix it, or you'll be late, over budget, and the technical outcome unacceptable. The Cone of Uncertainty is the framework for improving the needed performance of the project.
Don't toss out the notion that reducing risk and uncertanty and all other performancemeasures doesn't follow the plan. . The Cone of Uncertainty is the Planned reduction in the uncertainty of critical project variables (cost, schedule, technicalperformance) needed to increase the probability of project success.
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