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In this SmartPass session, we tackle one of the most analytical and decision-focused topics in Performance Management (PM) — Risk and Uncertainty. You’ll learn how to deal with unpredictable business situations using structured, logical, and quantitative techniques. Here’s what this episode covers: The difference between risk and uncertainty Using expected value and probability techniques for decision-making Maximin, maximax, and minimax regret approaches explained clearly How to use decision trees for visual, structured problem-solving The role of sensitivity analysis and simulation in planning under uncertainty 🎯 This session helps you think like a strategic manager — analysing uncertainty with confidence and clarity. Perfect for your commute, gym, or focused study sessions — simple, structured, and examiner-approved learning the SmartPass way. 🎧 Watch now and subscribe to SmartPass for more full-syllabus explanations, examiner insights, and ACCA-focused learning companions. 📚 Explore all SmartPass Kits and premium study materials: 👉 https://accasmartpass.gumroad.com/ 📲 Follow us on Instagram for new episodes, study tips, and updates: 👉 / acca.smart.pass #ACCA #PerformanceManagement #SmartPass #ACCAPM #RiskAndUncertainty #DecisionMaking #SensitivityAnalysis #SmartPodcast #StudySmart #ACCAExam #AccountingStudents