The Cone of Uncertainty Diagram for PowerPoint is a great strategic management model. The Cone of Uncertainty diagram is generally used to figure out the uncertainty that may exist during the development of a project. Project managers and strategists use this diagram to know how far a project is a success. The uncertainty can be identified by analyzing the steps involved in a project frequently. In order to decrease the ambiguity in the project, analysis and research have to be done frequently.
These two slides show a cone and funnel diagram horizontally. The Cone diagram shows the multiple futures and the present which paves the way for a future project and the process that happens in the present. The x-axis here depicts the time required for each process. The cone of uncertainty representation is in the form of a graph that has time on the horizontal axis and variance on the vertical axis. The uncertainty level is high in the starting stage of a project and decreases as it reaches towards the last stage that is the completion of the project. The uncertainty has to be identified and cleared at the end of the project. Proper research is needed to clear out the uncertainty. Researching on the problems that arise during the process of project development gives chances to decrease the uncertainty that exists in each stage. When time elapses, the uncertainty diminishes its impact by risk management. Development of the project can be seen in the diagram that also shows the other stages of development
This Cone of Uncertainty Diagram for PowerPoint is used by project managers and business strategists to frequently analyze the project and is useful in meetings conducted by them.
However, the below diagram shows the Cone of Uncertainty Diagram for PowerPoint and is available here for purchase. You can click on the picture that will navigate you to download the Cone of Uncertainty Diagram for PowerPoint.