What if?
Two of Akumen’s key capabilities are scenario flexing and scenario management, which can be handled in the Research tab.
Scenario flexing allows you to generate a number of scenarios based on altering individual parameter values. For example, you can create a number of scenarios, flexing the interest rate of an NPV model.
Scenario management allows you to clone, delete, reorder or baseline existing scenarios, along with manually altering parameter values for those scenarios.
These Scenarios allow us to look at the “What if…?” situations and plan for either
- The worst case - and how it could be used to a users advantage;
- The best case - and how to best implement it; and
- The Optimal case - the best combination to inputs to outputs.