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Thursday, November 29, 2007
Chickens and Eggs
The day has been spent up to one's proverbial armpits in spreadsheets, indirect functions, graphs, and pseudo-science. The Gorse Fox is trying to estimate the future costs of what we refer to as Known Unknowns. It's one of those chicken-egg situations... we can't estimate because we haven't got the details of what's wanted - the client wants the estimates before committing to go forward and help develop the details that are wanted. Hence the pseudo science... these are things that are the variables, this is the degree of confidence we have in their impact, this may be the cost based on what we know so far, and here is a list of assumptions.
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