Options appraisal compares feasible courses of action against criteria such as benefits, cost, risk, timescale, strategic fit and deliverability. It provides transparent evidence for recommending a preferred option.
How to use this tool
Define the decision and options
Define the decision, constraints and viable options.
Agree your weighted criteria
Agree weighted criteria covering value, cost, risk and feasibility.
Gather evidence and score
Gather evidence and score consistently.
Test and recommend an option
Test sensitivity, document trade-offs and recommend an option.
References & further reading
Winter, H. (2023). The Business Analysis Handbook: Techniques to Deliver Better Business Outcomes, 2nd ed. Kogan Page. ISBN 9781398610132.