Critical assumption planning is a service mark of D. Dunham & Co and was described in Journal of Business Venturing by Sykes in 1995. Critical Assumption Planning (CAP) helps managers and entrepreneurs maximize business development learning at least cost. The continuous process consists of six steps: Knowledge Base Assessment, Critical Assumption Planning, Test Program Design, Funding Request, Test Implementation and Venture Reassessment.
Read more about Critical Assumption Planning: Overview, Knowledge-base Assessment, Critical Assumption Identification, Test Program Design, Funding Request, Test Implementation, Venture Reassessment
Famous quotes containing the words critical, assumption and/or planning:
“Good critical writing is measured by the perception and evaluation of the subject; bad critical writing by the necessity of maintaining the professional standing of the critic.”
—Raymond Chandler (1888–1959)
“The censorship method ... is that of handing the job over to some frail and erring mortal man, and making him omnipotent on the assumption that his official status will make him infallible and omniscient.”
—George Bernard Shaw (1856–1950)
“Judge Bedford: Planning on having children?
David: Naturally.
Judge Bedford: Good, then I know what to get you for a wedding present.
David: Yeah? What’s that?
Judge Bedford: A vasectomy.”
—Dale Launer (b. 1953)