What If? Analysis
What If? Analysis
Section titled “What If? Analysis”What It Is: A contrarian technique that assumes a hypothetical event has occurred and then works backward to determine how it could have happened.
When to Use It: To prepare for low-probability, high-impact events and to identify previously unappreciated pathways to that event.
Step-by-Step Guide:
- STEP 1: Assume the event has occurred and develop a chain of reasoning for how it happened. (Beebe and Pherson, 2015, p. 350)
- STEP 2: Rank scenarios based on severity and probability. (Beebe and Pherson, 2015, p. 351)