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Monte Carlo: A Matter of Life And Death w/Prateek Singh and Troy Lightfoot from ProKanban.org

Agile Uprising Podcast

CHAPTER

The Importance of Probabilistic Forecasting

What you do with your forecast in terms of level of risk is up to you, but that information is something we know we wouldn't get typically from a deterministic forecast. I was teaching an AMP class this week and some students were selecting 95% for everything. And they want to be like the most certain they can be, you know, and I was trying to get them like to realize that you're making a huge trade off by doing that.

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