SENSITIVITY ANALYSIS


Meaning of SENSITIVITY ANALYSIS in English

An analytical technique to deal with uncertainty about future events and values. It consists of varying one element (e.g. rainfall, market price), or a combination of elements, and determining the effect of those changes on the outcome of a project. In economic analysis, the effect of the changes on a measure of project value is calculated. FAO (1993)

Fishery English glossary.      Английский глоссарий рыболовства .