Options Appraisal Once you have gathered lots of

Options Appraisal • Once you have gathered lots of potential ideas and solutions to your issue or challenge it is important that you use a sound methodology to justify what you decide to take forward to implementation – Options Appraisal • Best Practice is for you to first of all assess different options against your objectives and use scoring/weightings to take forward options for more detailed consideration • Once you have identified the solutions which best meet your objectives, these should be assessed in relation to benefits and costs and risk in order for you to make a decision based on evidence • It may be that the cost of a solution is too high or too risky to take forward and it could be eliminated at this stage

How to Appraise Options 1. Options Appraisal – (State any assumptions/weightings) Options Appraisal – Long List Sifting Option A Option B Objective 1 Option C Option D Option E Option F Objective 2 Objective 3 Objective 4 Objective 5 Total Score Options Appraisal – Short List Evaluation Option A Benefits Option B Option C Cost Risks Total Score

Eg. My Holiday – Options Appraisal Objectives Low Cost Good Weather Things to See and Do Feel Safe and Secure Minimal Travel Time Score Stay At Home Scottish “Do Nothing” Caravan Holiday Florida Majorca Vietnam Syria

Eg. My Holiday – Options Appraisal Shortlisted Option 1 Benefits Cost/Funding Source/Budget Risks Score Final Recommendation Short Listed Option 2