Tech Insights

What If

Last updated May 16, 2025, generated by Sumble

What is What If?

"What if" analysis is a technique used to explore the potential outcomes of different decisions or scenarios. It involves changing inputs or assumptions in a model or situation to see how the outputs or results are affected. It's commonly used in business, finance, and personal planning to assess risks, evaluate options, and make better-informed decisions. It can be done mentally, or by using software and models.

Find organizations using What If on Sumble →

What other technologies are related to What If?

What If Complementary Technologies

LOPA

LOPA (Layer of Protection Analysis) is a risk assessment methodology often used in conjunction with or after a What-If analysis to quantify the risk and identify the necessary layers of protection. It complements What-If by providing a more structured and quantitative approach to risk assessment.

mentioned alongside What If in 13% (100) of relevant job posts

HAZOP

HAZOP (Hazard and Operability Study) is a structured technique for identifying potential hazards and operating problems. While more structured than a What-If analysis, it serves a similar purpose and can be used in conjunction with or after a What-If analysis to provide a more comprehensive risk assessment.

mentioned alongside What If in 7% (163) of relevant job posts

FMEA

FMEA (Failure Mode and Effects Analysis) is a systematic approach to identify potential failure modes in a system or process and their effects. It can be used in conjunction with What-If to identify potential failures. It complements What-If by providing a more structured, component-by-component, failure-mode-focused approach to risk assessment.

mentioned alongside What If in 0% (58) of relevant job posts