Examlex
Job evaluation provides a formal,systematic basis for determining the market value of jobs and establishing external pay equity in the organization's compensation system.
Scenario Analysis
A process of analyzing future events by considering alternative possible outcomes (scenarios), often used for strategic planning to understand potential risks and opportunities.
Base-case Analysis
An evaluation technique in which the projected performance of a project is calculated under a set of assumptions considered most likely or average.
Sensitivity Analysis
A method employed to ascertain the impact of varying independent variable values on a specific dependent variable, based on certain assumptions.
Scenario Analysis
A process of analyzing possible future events by considering alternative possible outcomes.
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