Financial modelling terms explained

Scenario Planning

Scenario planning is a method of strategic planning that involves creating possible futures and their implications and developing contingency plans for each possible future. This method is used in many different types of organizations, including government agencies, non-profits and businesses

What Is Scenario Planning?

Scenario planning is the process of creating different possible scenarios for how a situation could play out, and then exploring the implications of each scenario. This can be helpful for assessing different risks and opportunities, and for making decisions in uncertain situations.

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