scenario building


Also found in: Financial.

scenario building

predicting the future by assuming a series of alternative possibilities, as opposed to predicting the future solely on the basis of extrapolated mathematical data.
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The next stage of a model verification at ITeE-PIB was composed of scenario building based on the two key influencing factors and generated research directions determining the suggested scope of research.
That being so, the authors have asked the respondents to send detailed reports on scenario building work in individual projects or publications on the subject matter from projects of that type.
Another way is the search conference which combines some elements of scenario building with deciding on steps toward a desired future.
Scenario building and predictive modeling make any analysis more robust.
Aaron saw that whole scenario building from afar but he always knew at Orange Lutheran and being in the Trinity League, he would play better teams (than Oaks Christian)," Chris Corp said.
The National Intelligence Council of the United States, in its scenario building for 2025, states that in the next ten years China and India are expected to achieve near parity with the US in two different areas: India in scientific and human capital and China in government receptivity to business innovations.
They argued that values-based training involves personal discussions, role-play and scenario building that help legislators learn about the applicability of ethics laws and how they not only hypothetically apply to them, but how individual experience may prompt ethical dilemmas.
Through strategic conversations, scenario building and visioning processes, futures can help individuals and organisations become more adaptive.
Scenario building and game playing can be ways to imagine differences of opinion in a 'safe' environment which enable the partners to discuss ways of working more effectively in such circumstances.
Adam Kahane, a gifted facilitator who specializes in cross-sector dialogue and scenario building, says that three types of increasing complexity are at the root of organizations' and societies' toughest problems:
Anyone else seeing a nice little Damien:The Omen-style scenario building here?
Attendees were told they'd have the task of working in groups to define what the campus of the future would look like, through a series of scenario building activities.