What If Scenario Definition and Explanation PDF | Download eBooks

Learn What If Scenario definition in project management with 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 Explanation:

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.

Keep Learning Project Management Explanations