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Possible Plausible Probable
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Possible Plausible Probable, also known as Hood;s Three P's, is a concept developed by H. Hood. The framework lays out three key components neccessary to allow for an idea or concept to evolve past the elemantary stage FIGURE 1 - Three P's Triangle File:PPP.jpg Figue 1 shows the 3 essential stages of the framework portraying the likelihood of satifying each stage Possible The idea must first satisfy the requirement of being possible. This is a concept long accepted throughout the western world Plausible The second element, plausible, must then be met. This element is mainly used to ensure the idea is reasonably nourished Probable The third, and final stage of Hood's Three P's formula is probable. Once an idea passes through the initial and secondary stages, the idea must then be assesed as to whether this idea, or its purpose, is infact probable. Example One current example that accurately conotes the fomula of Hood's three P's is that of the contingency plan developed regarding the 2010 Copiapó mining accident. The drilling was said to be possible, plausible and, as we now have witnessed, it was also probable Problems Scholars have noted problems with this formula being that each preceding element is mutually inclusive of the next Extended Meaning Some scholars have added a fourth P, Practical, however this element is generally satisfied by the comination of the original three elements and thus has not been adopted References 1) Campbell-Hunt, C., Elkin, G., Geare, A., & Greatbanks, R. (2009). Management , Organisations, and the Business Environment: A New Zealand Focus. Australia. McGraw-Hill. 
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