Uncertainty Management

Uncertainty management involves recognizing, assessing, and addressing the unknown or unpredictable aspects within a situation or decision. It aims to reduce ambiguity and improve confidence by gathering relevant information, analyzing risks, and implementing strategies to adapt to changing circumstances. This process helps organizations and individuals make informed choices despite incomplete or uncertain data, ultimately leading to more resilient and effective outcomes. In essence, it’s about smartly navigating the gray areas where not everything can be known for sure.