What Exactly Was the Board Given the Probability Of?
A stated confidence level describes one chain of activities, not the project — and each stream added to protect the date lowers the true figure, not the reported one.
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A stated confidence level describes one chain of activities, not the project — and each stream added to protect the date lowers the true figure, not the reported one.
Planning rests on a guarantee that the decomposition holds all the work, yet the only completeness check on offer examines the plan against itself and cannot detect absence.
Half of the estimating loop consumes a database of past projects. The other half fills it — and only the consuming half is paid for by a project that benefits.
Optimistic forecasts are usually blamed on weak estimating. The more useful explanation is that the number was produced by the party who needed the answer to be yes.