Category: Standard Deviation

Estimate Confidence – A Demonstrative Example

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“Each time we face our fear, we gain strength, courage, and confidence in the doing”                                                                                                 – Theodore Roosevelt In my previous post, The Schedule – Improving Estimate Confidence, the conclusion likely leaves the impression that for any meaningful project, to get a reasonably high schedule confidence is impractical.  …

The Schedule – Improving Estimate Confidence

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“My own idea is that these things are as piffle before the wind.                                                                                                 – Daisy Ashford My previous post on the probability of schedule success, as pessimistic as it was, still left something hanging.  I talked about estimating an individual task to a 50% or 90% confidence level.  …