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Acronyms that contain the term worst-case scenario
What does worst-case scenario mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: worst-case scenario.
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What does worst-case scenario mean?
- Worst-case scenario
- A worst-case scenario is a concept in risk management wherein the planner, in planning for potential disasters, considers the most severe possible outcome that can reasonably be projected to occur in a given situation. Conceiving of worst-case scenarios is a common form of strategic planning, specifically scenario planning, to prepare for and minimize contingencies that could result in accidents, quality problems, or other issues.
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"worst-case scenario." Abbreviations.com. STANDS4 LLC, 2024. Web. 23 May 2024. <https://www.abbreviations.com/worst-case%20scenario>.
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