First, why bother?
By their nature, project outcomes are uncertain
Hence, issues to consider
- What is the uncertainty?
- Could it be a gain or loss (identification)?
- How uncertain is it?
- How big could the gain or loss be (assessment)?
- Why does it matter?
- What would be the impact of either (analysis)?
- How much does it matter?
- How valuable or serious is it (response need)?
- We talk about "opportunity" and "risk