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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 ?
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.
The Cone is a project management framework describing the uncertainty aspects of estimates (cost and schedule) and other project attributes (cost, schedule, and technicalperformance parameters). This is due to many reasons. Unanticipated technical issues with alternative plans and solutions to maintain effectiveness.
The Cone is a project management framework describing the uncertainty aspects of estimates (cost and schedule) and other project attributes (cost, schedule, and technicalperformance parameters). This is due to many reasons. Unanticipated technical issues with alternative plans and solutions to maintain effectiveness.
The Cone is a project management framework describing the uncertainty aspects of estimates (cost and schedule) and other project attributes (cost, schedule, and technicalperformance parameters). This is due to many reasons. Unanticipated technical issues with alternative plans and solutions to maintain effectiveness.
In a previous post, Why Johnny Can't Estimate , mentioned some resources for estimating, the principles of business and technical management that demand estimates be made to make decisions, and background on the sources of uncertainty, that create risk, that require estimating to increase the probability of project success. 325-330, 2013.
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