Cone of Uncertainty - Implications of The Cone of Uncertainty

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

Read more about this topic:  Cone Of Uncertainty

Famous quotes containing the words implications of, implications and/or uncertainty:

    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)

    When it had long since outgrown his purely medical implications and become a world movement which penetrated into every field of science and every domain of the intellect: literature, the history of art, religion and prehistory; mythology, folklore, pedagogy, and what not.
    Thomas Mann (1875–1955)

    It was your severed image that grew sweeter,
    That floated, wing-stiff, focused in the sun
    Along uncertainty and gales of shame
    Blown out before I slept. Now you are one
    I dare not think alive: only a name
    That chimes occasionally, as a belief
    Long since embedded in the static past.
    Philip Larkin (1922–1986)