Do You Know What You Don't Know?

NY2TX's picture

It is said wisely that the most important thing to know is what you do not know. And then, by extension, to be able to attract people (or a person) who knows what you don't. Further, is to be able to listen to the person who knows what you don't know, and be able to act on it without ego.

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threew's picture

Cryptic but pertinent

Cryptic but pertinent ;~)

One way we process unknowns is through assumptions. We know we don't know the answer (uncertainty) but assume something for planning purposes. Then we validate the assumption (true/false) and continue planning from there.

Some characteristics:

  • The same statement may be understood as an assumption or a risk
  • Assumptions may be low-level risks dependent on degree of uncertainty and impact (+/-)
  • Negative event + low probability may = assumption
  • Positive event + high probability may = assumption

The key points are:

  • Must be some uncertainty
    100% probability = Fact: Neither risk nor assumption
    0% probability = Fiction: Neither risk nor assumption
  • Must be outside the control of project team
    Events under control of team are part of work plan
  • Neither mitigation nor contingency apply to assumptions
  • Assumption: We expect something to happen
  • Risk: We plan a response in the event something does or does not happen

Assumptions can be any one of three things:

  1. Things taken for granted as staying the same
  2. Things we don’t yet know for sure
  3. Things we cannot establish as being true right now, but are likely to be true

How do we handle assumptions correctly?

Assumptions = Action Items

  • Assumptions are neither fact nor fiction, simply unproven (level of uncertainly) statements
  • Projects handle assumptions as open issues subject to validation
  • Assumptions don't stay assumptions very long
  • Action by the project is required to validate assumptions
  • Example: If we make an assumption that no changes are required to a specific sub-system, then we immediately create an action item or open issue to validate that fact. We assign it to a person, give a date for completion, and monitor it to completion.
  • Investigation proves the assumption true (fact) or false (fiction) and impact analysis determines further action (Work plan, risk, or issue)

Assuming this is valid,

William W. (Woody) Williams
Project Management Consultant
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w3src Consulting

NY2TX's picture

Perhaps vague, but pointed.

Perhaps vague, but pointed.