Bayesian vs. Frequentist?
Under the Errata forum in a thread I called Second Print Run Corrections , one poster replied that he believed I incorrectly applied the term confidence interval in the book. I discuss several errors in that post in a reply in that thread. But it introduces another...
The Value of a Life?
Again, by email and on this site, someone has asked how to measure value when the purpose of a project, policy, investment, etc. is to save a human life. One poster mentioned this in a thread he called Ominus Measurement Problem under the New Measurement Challenge...
ROI without Profit?
A couple of people have asked me questions about how you measure value when it is for a not-for-profit or government agency. At least one of them posted the question under the New Measurement Challenge section of this forum and some sent similar questions by email. I...
Second Print Run Corrections
The errata and typos in the first print run that were mentioned in the first thread on this topic have all be addressed in the second print run. Fortunately, the book was selling well enough that the publisher had to go to a second print run much sooner than any of us...
Errata Statistics
Although my publisher assures me that some errors always make it through the proofing process, each one is still frustrating to the author - mostly because the author had the chance at some point to catch almost every one of the errors. My wife teaches math at a local...
Welcome
Welcome to the consolidated forum for How to Measure Anything and The Failure of Risk Management. If you would like to make comments on either book, ask questions about examples, get philosophical about the nature of measurement and risk, or challenge us with an...
It’s All an Illusion
It's All an Illusion by Douglas Hubbard Boston Society of Architects, Sept/Oct 2008. Doug Hubbard reviews his original "anything can be measured" concept for an audience of architects. The message of the reasons why some things still seem intangible or immeasurable...
Measuring Up
by Karen Schwartz FedTech, 02/15/2006 Karen Schwartz interviews Doug Hubbard, among others, about measurements in the Federal Government. [view article]
Are Weighted Averages for Vendor Selection a Waste of Time?
by Dan Gilmore Supply Chain Digest, 06/15/2004 Dan Gilmore interviews Doug Hubbard about the use of weighted scoring methods for selection of vendors for supply chain management. It is a short but fairly complete discussion of the shortcomings of decision...
Getting More Precise at Risk Assessment
The Editors Eweek, 11/10/2003 Baseline interviews Doug Hubbard about how to start thinking about IT risk more like an actuary would, instead of the subject "1 to 5" scales. Another consultant interviewed for the story says scientific measurements are "ideal in theory"...