Thoughts on a Project-Volatility Metric: Part III -- The V2 Metric

by Vince Kellen

In Part I of this three-part Executive Update series, I examined the notion of project volatility and set forth the assumptions that underlie my own project planning approach. ¹ In Part II, I delved more deeply into the definition of project volatility and suggested the use of two project-volatility metrics, V₁ and V₂ , to describe two different aspects of volatility. ² In this third and final Update of the series, I expand on the V₂ metric.