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scenario analysis

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What is scenario analysis?

Scenario analysis is a process of examining and evaluating possible events or scenarios that could take place in the future and predicting the potential outcomes. It's commonly used in strategic planning and risk management to assess the impact of different scenarios on a business or project, helping decision-makers prepare for a range of possibilities. The analysis typically involves identifying key uncertainties, developing multiple scenarios based on different combinations of those uncertainties, and evaluating the potential impact of each scenario.

Which job functions mention scenario analysis?

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Data, Analytics & Machine Learning

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