There is a chance that one or more of the assumptions that we are relating on might be false. That puts the entire project at risk. We can 'De-risk' the project from this issue by identifying critical assumptions that we are making and testing these assumptions. If they prove to be false, change your strategy accordingly.

Published on Jan 24, 2024

Expected Value: Theoretical net positive or negative of a given event over time.

Published on Aug 06, 2021