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Understanding Minimax Strategy in Project Decisions Under Uncertainty

Understanding Minimax Strategy in Project Decisions Under Uncertainty

From5 Minutes Podcast with Ricardo Vargas


Understanding Minimax Strategy in Project Decisions Under Uncertainty

From5 Minutes Podcast with Ricardo Vargas

ratings:
Length:
7 minutes
Released:
Jul 24, 2023
Format:
Podcast episode

Description

In this episode, Ricardo discusses the Minimax Strategy, highlighting its role in decision-making under uncertainty.

Instead of focusing on the technical aspects of the algorithm, he explores its philosophical underpinnings. He underscores how this approach aids in prioritizing risks that could inflict the most significant loss on a project.

This episode will provide great insights to those interested in strategic decision-making and understanding project risks better.

Listen to the episode to know more.
Released:
Jul 24, 2023
Format:
Podcast episode

Titles in the series (100)

5 Minutes Podcast is a Ricardo Vargas creation that intends to present and debate the main news and themes in the project management field, in a practical and easy way.