Glossary » tradeoff analysis
tradeoff analysis
making decisions when each choice has both advantages and disadvantages. In a simple tradeoff, it may be enough to list each alternative and the pros and cons. For more complicated decisions, list the decision criteria and weight them. Determine how each option rates on each of the decision score and compute a weighted total score for each option. The option with the best score is the preferred option. Decision trees may be used when options have uncertain outcomes.
