Reddal insights
Marko Rintanen

Marko Rintanen

Marko Rintanen
Alumnus (Business Developer)

Former Business Developer experienced in quantitative analysis, financial performance management, and PMO.

Insights by Marko Rintanen

Financial performance

Improving decision-making by including uncertainty in budgets

14 April 2014 — Quantifying and estimating project and investment results are very important for financial planning, investment comparison and decision making purposes. However, business is always conducted in an uncertain environment while financial planning is commonly done using single-value revenue and cost-side estimates, which managers assess using rules of thumb. In this article, we present an approach where the best, base and the worst case scenarios are used to improve the estimates.

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