A description of a possible (or desired) future state or outcome which is carefully crafted for planning purposes and should be rooted in identifiable trends

Whereas a goal is geared towards a desired future state, scenarios look at a variety of future states.

For example:

  • What if.... we increase our funding level from $20,000 to $35,000 each year?
  • What if... we delay the replacement of our leaking roof for another year?

Scenarios are often evaluated in terms of plausibility and probability.  

Reserve studies contain multiple funding models to enable the owners to test the impact of different funding levels.

Scenarios may be classed as:

  • Best case
  • Worst Case

See also:

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