What-if Analysis (or Sensitivity Analysis)

What-if Analysis (or Sensitivity Analysis) is a brainstorming technique that is used to determine the effects how projected performance is affected by changes in the assumptions of the predicting alternative outcomes. The What-if Analysis (or sensitivity analysis) is to assess their effect on the final outcomes from the key quantitative assumptions and computations, and to be changed systematically. The What if Analysis can be used to compare different scenarios including the scenario-based hazard evaluation.

Related Definitions in the Project: The Project Management; Risk Management