02.01 |【01】| Why this course matters ?
⚠ Because you know that…
ℹ Decision making process can be…
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✅ complex
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✅ challenging
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❎ NO simplicity
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❎ NO straight forward
ℹ Be mindful in the decision making process where…
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decisions — based on forecasts
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forecasts — subject to uncertainty
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NO 100% confidence that actual = expectation
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actual result far below expectation
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actual result far above expectation
ℹ Decision outcomes could be varying due to…
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✅ risk
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✅ uncertainty
ℹ Three possible outcomes in general to be mindful…
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1️⃣ most likely outcome
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2️⃣ worst possible outcome — pessimistic
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3️⃣ best possible outcome — optimistic
