Risk & Uncertainty Simplified | ACCA PM | MaxiMax, MaxiMin, MiniMax Regret, Value of Perfect Info

πŸš€ Get all my PM Videos here: https://www.stevewillistraining.com πŸš€ Learn all about Risk & Uncertainty: I'll take you through quick explainers for MaxiMax, ...

Risk & Uncertainty Simplified | ACCA PM | MaxiMax, MaxiMin, MiniMax Regret, Value of Perfect Info
Steve Willis ACCA
11.1K views β€’ Feb 6, 2024
Risk & Uncertainty Simplified | ACCA PM | MaxiMax, MaxiMin, MiniMax Regret, Value of Perfect Info

About this video

πŸš€ Get all my PM Videos here: https://www.stevewillistraining.com πŸš€ Learn all about Risk & Uncertainty: I'll take you through quick explainers for MaxiMax, MaxiMin, MiniMax Regret, Expected Values, & Value of perfect information. This video will demystify the topics and get you solving past exam questions, and help you pass ACCA PM / Performance Management.
Good luck on your upcoming PM exam!

Table of Contents:
00:00 - Introduction
02:27 - MaxiMax Explained
02:53 - Maximin Explained
03:16 - Expected Values Explained
04:33 - MinMax Regret Explained
04:50 - Regret Table Explained
07:37 - Value of Perfect Information Explained

Steve Willis ACCA
www.stevewillistraining.com
How to Pass ACCA PM

#acca #accatips #accarevision #accaexam #accapm

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Video Information

Views

11.1K

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189

Duration

10:01

Published

Feb 6, 2024

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