Risk & Uncertainty SIMPLIFIED | ACCA F5 / PM | Question Cement

🚀 Get all my PM Videos here: https://www.stevewillistraining.com 🚀 Expected Values, the Value of Perfect Information, Maximax, Maximin, or Minimax regret are all simplified and explained. Learn all the calculations using past exam question Cement, demonstrating all in the ACCA spreadsheet. Expected Values, the Value of Perfect Information, Maximax, Maximin, and Minimax regret are made easy using the spreadsheet: I'll show you helpful functions and spreadsheet exam technique to get a pass on the ACCA PM exam.
Here's question Cement: https://drive.google.com/file/d/1pv9NZNdasRe_cBQATXRFt930QUJOkBOQ/view?usp=sharing
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Steve Willis ACCA
www.stevewillistraining.com
How to pass ACCA Exams
Value of Perfect Information Help
Expected Values Help
MaxiMax, Maximin, Minimax Regret Help
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For more on this on ACCA PM Make-or-Buy, check out @opentuition
Expected values: https://www.youtube.com/watch?v=wHaIKtCoHFg
Value of Perfect Information: https://www.youtube.com/watch?v=2yCxS8WGKBE
MaxiMax: https://www.youtube.com/watch?v=SWI4WJqrBxw
MaxiMin: https://www.youtube.com/watch?v=_7pWVtE9_50
MiniMax regret: https://www.youtube.com/watch?v=wHaIKtCoHFg

Find many other helpful videos on @JamesWrightACCA https://www.youtube.com/c/JamesWrightACCA
Get more excellent videos from @ACCAStudyResources : https://www.youtube.com/watch?v=J0PoxnOw-F0

TABLE OF CONTENTS
00:00 Introduction
02:09 PM Spreadsheet Setup
03:02 Make a Profit Table
12:08 Calculate Expected Values
14:00 Value of Perfect Information
18:54 MaxiMax & MaxiMin
22:13 MiniMax Regret