Archive for the “Mechanism” Category

Transparency Management – Control Access to the Crowd Forecast

Posted on December 9th, 2011 by mat

Crowdcast is a powerful tool, producing unbiased, timely forecasts of your most important metrics. Controlling access to these crowd forecasts is key as the metrics may well be different from the “official” forecasts. For example, in a project management setting, the crowdcast may indicate that a key milestone will slip. Planned date = Jan 15, [...]

Project Good Judgement Update

Posted on September 12th, 2011 by leslie

Earlier this summer I posted about our project with The Good Judgment Team on pushing the boundaries of forecasting methodologies.  I’m thrilled to say that a week ago, we went live, with more than 3,000 participants worldwide making forecasts and, in some cases, arguments, about the future of political, economic, and technological trends.  To date, [...]

Not Your Average Prediction Market

Posted on April 2nd, 2010 by mat

Dr. Ajit Kambil, Global Research Director of Deloitte, authored an interesting piece on the use of prediction markets by CFOs. He presents a nice summary of how prediction markets work and their benefits — that they are a great way to aggregate dispersed insights and capture information that changes over time. Some implementations of prediction [...]

Drinking the Kool-Aid, part 2

Posted on February 22nd, 2010 by mat

A couple weeks back I wrote about our “new mech” project, a wholesale redesign and reimplementation of our knowledge aggregation mechanism. In this post I will talk about why traditional project management techniques failed us and how Crowdcast helped us to recover. As I mentioned last time, our initial attempt at running the project revolved [...]