Difference between revisions of "Baseline Scenario"
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== Definition == | == Definition == | ||
'''Baseline Scenario''' in the context of [[Stress Testing]] is a [[Stress Scenario]] that is designed to emulate the expected unfolding of events. It forms the basis against which unexpected events and their impact can be assessed on a relative basis. A reference case that represents the events or conditions most likely to occur in the absence of the policy or action (or package of policies or actions) being assessed. | '''Baseline Scenario''' in the context of [[Stress Testing]] is a [[Stress Scenario]] that is designed to emulate the expected unfolding of events. It forms the basis against which unexpected events and their impact can be assessed on a relative basis. A reference case that represents the events or conditions most likely to occur in the absence of the policy or action (or package of policies or actions) being assessed. | ||
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== Examples == | == Examples == |
Revision as of 12:10, 27 October 2021
Definition
Baseline Scenario in the context of Stress Testing is a Stress Scenario that is designed to emulate the expected unfolding of events. It forms the basis against which unexpected events and their impact can be assessed on a relative basis. A reference case that represents the events or conditions most likely to occur in the absence of the policy or action (or package of policies or actions) being assessed.
Examples