What is the Difference between Scenario, Sensitivity, Uncertainty and Risk Analysis
Whenever we think about doing some work, we try to analyze it for percentage of success or failure on the basis of some quantitative and qualitative measures, tools and principles. Of course this is the right way to judge the possibility of success or failure. There are different types of Analysis, like scenario, sensitivity, uncertainty and risk. Here we are describing brief difference between them. It will be easier for you to understand them now.