Scenarios Analysis

Scenarios Analysis is a tool to reduce the risk which can occur in the future. It gives you a set of possible future. It is not giving you one snap shot future forecast. It is not forecasting tool. People normally do forecasting assuming a certain variable. But I would say nothing is certain in this uncertain world. What if something go wrong in the future? What will happen to your future? Scenarios Analysis is the tool that help you cope with variation of those variable. Scenarios Analysis can be used in several fields. It is not restricted to business use only. You can use to War Game, Political Campaign, Disaster Planning, Financial Management and so on. There is almost nothing that Scenarios Analysis cannot work on.Ok let me stop here for a while. I will post about steps of Scenarios Analysis in another post.Thank you for visiting. Hope to see you again.