Implications of The Cone of Uncertainty
- Estimates (e.g. on duration, costs or quality) are inherently very vague at the beginning of a project
- Estimates and project plans based on estimations need to be redone on a regular basis
- Uncertainties can be built into estimates and should be visible in project plans
- Assumptions that later prove to be mistakes are major factors in uncertainty
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—Henry James (1843–1916)
“The power to guess the unseen from the seen, to trace the implications of things, to judge the whole piece by the pattern, the condition of feeling life in general so completely that you are well on your way to knowing any particular corner of it—this cluster of gifts may almost be said to constitute experience.”
—Henry James (1843–1916)
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