Speaker A
38:48 - 39:26
"a Black Swan event is just something that is unplanned for as low probability, but high impact when it does occur. COVID 19 was a great example of a Black Swan event."
“a Black Swan event is just something that is unplanned for as low probability, but high impact when it does occur. COVID 19 was a great example of a Black Swan event.”
- Speaker
- Speaker A
- Timestamp
- 38:48 – 39:26
- Community
- Alaska News
- Location
- Juneau, AK, USA
- Captured at
- June 2, 2026
From the transcript
Initial estimate, again, a variety of factors that can influence the ultimate cost and delivery. Can you explain to the committee and the audience that's watching what a Black Swan event is? Yes, to the Chair, a Black Swan event is just something that is unplanned for as low probability, but high impact when it does occur. COVID 19 was a great example of a Black Swan event. It, you know, severely disrupted the flow of really the ability to get anything done.
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