The Future
Is your contract, your plan, your workflows, and black swans. If you have a stable, correct, logical plan, then you can simulate the black swans. They are on the pond and visible to all, so they must be taken into account.
The key points here are:
- The Past is finished: There is no need to worry about it, as it will never change it can be reviewed at any time.
- The Now decision: Is based on information, this is normal management
- The FUTURE matters: This is subject to modelling of scenarios, ladders of tasks, probabilistic outcomes. This is where errors are likely to be made as it involves RISK.