Check out Misinterpretations of the Cone of Uncertainty by Glen B. Alleman. Here is an excerpt:
The Cone of Uncertainty is a framing assumption used to model the needed reduction in some parameter of interest in domains ranging from software development to hurricane forecasting.
This extended post covers
- The framing assumptions of the Cone of Uncertainty.
- The Cone of Uncertainty as…
The full article is available here.