In this video, view some scenarios to get a sense of the level of analysis that follows in this course.
- [Narrator] This course focuses on…scenario planning and analysis…but what exactly does that mean?…In this movie, I will describe scenarios…and give you an idea of the level of analysis…I'll follow in this course.…Scenarios are sets of occurrences…that you believe will happen in the future.…For example, you might look at input prices,…or demand for a particular product.…You can plan scenarios at the individual product,…program or company level,…or at the industry wide level.…
In this course I'm going to be focusing…on the product, project, and program layer.…The reason for that is that we will have…simpler analysis because we will…have clear specific examples.…Also, any skills that you learn here…will transfer to a broader analysis.…If you create a worksheet that imagines…demand could be anywhere from 5,000 to 10,000…coffeemakers for the next month,…then you can do the same thing for other products as well.…
Also, I assume that most of you who are taking this course…tend to work at this level, or if you work at a higher level…
LinkedIn Learning (Lynda.com) is a PMI Registered Education Provider. This course qualifies for professional development units (PDUs). To view the activity and PDU details for this course, click here.
The PMI Registered Education Provider logo is a registered mark of the Project Management Institute, Inc.
- Designing a scenario-planning exercise
- Estimating scenario plausibility and outcomes
- Establishing parameter value ranges
- Calculating the standard deviation of a dataset
- Indicating the probability of a scenario value occurring
- Walking through a scenario presentation
- Performing retrospective analysis using a PivotTable
- Changing PivotTable summary operations