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(RISK-3851) Continuous Improvement of the Project Plan by Effective Use of Execution Scenario Planning

Level: Intermediate
TCM Section(s):
7.6. Risk Management
4.1. Project Implementation
Venue: 2022 AACE International Conference & Expo

Abstract: Traditional scenario planning has been used by many corporations to help envision plausible alternatives futures, as a way of enhancing decision-making at the business unit or corporate level.These concepts can also be applied effectively in the project execution context.By systematically applying scenario planning to project definition and execution, managers can develop signposts, contingency plans, and alternate strategies to manage major change.