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

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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)

    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)

    Now, since our condition accommodates things to itself, and transforms them according to itself, we no longer know things in their reality; for nothing comes to us that is not altered and falsified by our Senses. When the compass, the square, and the rule are untrue, all the calculations drawn from them, all the buildings erected by their measure, are of necessity also defective and out of plumb. The uncertainty of our senses renders uncertain everything that they produce.
    Michel de Montaigne (1533–1592)