Scenario analysis
researchdecision supportstrategyquality or risk work
What Is Scenario analysis?
Examine information, evidence, alternatives, or causes in order to reach a more defensible conclusion about scenario analysis.
Why Does Scenario analysis Matter?
Scenario analysis matters when a decision depends on more than intuition because the quality of the conclusion depends on how the relevant evidence is examined.
What Does It Look Like?
Someone applying scenario analysis may:
- •separates evidence from assumption
- •compares plausible alternatives
- •explains the reasoning behind a conclusion
How to Develop Scenario analysis
You can develop it by:
- •take a real decision and list the evidence supporting it
- •identify one alternative explanation
- •state what evidence would change your conclusion
Where Can Scenario analysis Be Useful?
Scenario analysis can be useful in areas such as:
researchdecision supportstrategyquality or risk work
Careers Where This Skill Can Be Useful
Explore Related Skills
Want to Know Which Skills Are Strongest in Your Profile?
Exploring a skill can help you understand it. But your Penagix Assessment goes further by identifying your natural-gift profile and showing how your strongest gifts translate into practical intelligence.