The wisdom of crowds says your project will be a success..

The Google Blog has a nice page outlining how they use Crowd Wisdom to predict when , and how their internal projects will turn out.

The basic idea is that project participants and observers are given electronic ‘shares’ in the project. People are then free to buy and sell these shares based on what they think is likely to happen (the new office opens on time, a new project fails to deliver).

While it’s a game, it’s been proven to be more accurate than traditional areas of forecasting, probably because it gets input from so many people.

Could this tool predict your project success?

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s