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Lagos
Hey Bayo, engaging conversation, correct me if I am wrong, I assume management principles take care of the known-knows (K-K) and known unknowns (K-U) but performance against U-U aren't as good. How do you take care of the unknown-unknowns (U-U) type problem you might encounter, generally speaking?
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Excellent question John.
In project management, there is something called management reserves, this is used to handle unknown risks. Management principles will always imbibe management reserves in solving unknown risk.
The use of analogous estimating, which is historical knowledge is also another way of solving unknown problems.
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