Inspect and Adapt
#48 Cone of Uncertainty
Why can't I know—with high precision—the final cost, scope, and time frame of my work effort? One of the biggest reasons you can't know all three at once is illustrated by Steve McConnell's Cone of Uncertainty. In this episode of Inspect & Adapt, Construx's Mark Griffin, Steve Tockey, and Earl Beede talk about what the Cone is, how it impacts your ability to estimate, and how you can use it to increase your estimate predictability.
Why can't I know—with high precision—the final cost, scope, and time frame of my work effort? One of the biggest reasons you can't know all three at once is illustrated by Steve McConnell's Cone of Uncertainty. In this episode of Inspect & Adapt, Construx's Mark Griffin, Steve Tockey, and Earl Beede talk about what the Cone is, how it impacts your ability to estimate, and how you can use it to increase your estimate predictability.