What If Scenario Notes: Definitions & Explanations PDF | Download eBooks

Study What If Scenario lecture notes PDF with project management definitions and explanation to study “What is What-If Scenario?”. Study what if scenario explanation with project management terms to review project management course for online MBA programs.

What If Scenario Notes:

While scheduling the project, different data analysis techniques can be used. One of the technique is called what-if scenario. As the name indicates, what-if scenario analysis identifies different scenarios and evaluate them in order to determine the effect of each scenario on the project. The effects can be either positive or negative. Usually a network diagram is made and what-if scenario analysis is performed on that network diagram by considering different scenarios in the project schedule. The scenarios can be regarding delaying a key project activity, delaying the delivery of material, any external factors etc. What-if scenario considers the uncertainty and risks associated with the project and determine the feasibility of the developed project schedule against the uncertain conditions that might take place during the project.

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