Evaluate Possible Alternatives

What are the pros and cons of each choice? How does the choice fit in with the organization’s priorities, goals, mission, budget and time constraints? Is it realistic? It is feasible? You can also ask, “What is the best that could happen if this is the choice that we make? What is the worst that could happen? “Would it that we ake? What is the worst that could happen? “Would it be satisfying, or irritating? Would it please the management, the employees, and the customers? Can you live with it, or will there be disadvantages? Ake sure you ask all the questions and erase all doubts. There are many techniques to help you and the group evaluates all techniques to help you and the groups evaluate all the alternatives for a solution.
Pareto Analysis- Finding the alternatives that will give the best benefit, based on the 80-20 rule.
Paired Comparison Analysis- Assign percentage of importance to all alternatives, and select the highest percentage as determined by the group. Decision Trees- Start with a decision and project many outcomes. Assign a value or score, probability and benefit of each outcome. Choose the most feasible option.
PMI- Plus/Minus, weighting the pros and cons of each alternative Force Field Analysis - List all the forces for and against the decision. This helps you weigh the importance and decide if it is worth implementing or selecting the alternative. Six Thinking Hats - Look at the problem with six different perspectives: according to facts, intuition or gut feeling, being cautious and defensive, optimistic, creativity, and through process control.
Cost-Benefit Analysis – Assign $$ for cost and benefit with a playback period. This will help you determine when costs are recovered over tie through its benefits.