Determining a project's probability of success

Until now, there has been no reliable, commonly accepted method for determi ning the probability of success of individual technical projects. Over the past few years, an IRI subcommittee has developed a core set of "anchored s cales" for determining these probabilities by combining the inputs from mul tiple individuals in a method that is both move efficient and more reliable than previous methods. The scales were developed with inputs from a cross- section of IRI member companies whose goal was to create a common platform that could be easily modified by individual companies. Consequently, practi tioners can use these scales as a starting point to customize this fool to fit their own particular circumstances.