Assumption : a common practice

Dictionary meaning:

a thing that is accepted as true or as certain to happen, without proof.

"they made certain assumptions about the market"

synonyms:	supposition, presupposition, presumption, premise, belief, expectation, conjecture

Very often assumptions are made by people .

How assumptions are made ?

ü  By habit

ü  By mistakes

ü  Based on Information/data available

ü  On compulsion

ü  Over confidence

ü  Emergencies  etc...........

As per as possible, one should avoid assumptions  as it may leads to wrong decisions . If at all necessary one may take certain  precautions on assumptions like............

ü  With awareness

ü  Must know Risk factor

ü  Know events, people and circumstances

ü  Clarity in aims and objectives  

ü  Consequences etc..........

“Assumption  a habit need awareness and precautions ”

Prepared and compiled by: S.K.Udaiwal