02.01 |【01】| Why this course matters ?
⚠ Because you know that…
ℹ Decision making process can be…
ℹ Be mindful in the decision making process where…
decisions — based on forecasts
forecasts — subject to uncertainty
NO 100% confidence that actual = expectation
actual result far below expectation
actual result far above expectation
ℹ Decision outcomes could be varying due to…
ℹ Three possible outcomes in general to be mindful…
most likely outcome
2️⃣ worst possible outcome — pessimistic
3️⃣ best possible outcome —
ℹ Different techniques to deal with risk and uncertainty — learn useful lesson!
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