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2026-04-08 13:53:59

[!quote] hubbard_2025_project-management#Conflating Uncertainty with Knowing Nothing (text decoration added) An assumption is a statement we treat as true for the sake of argument, regardless of whether it is true. Assumptions are necessary if you have to use deterministic accounting methods with exact points as values. ==You rarely, if ever, know an exact point with certainty,== ==so any such value must be an assumption.==

Assumptions are frowned upon in construction-estimating, but they are only made necessary by the insistence on exact values.