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A
sensitivity analysis must be performed to determine the
value of results to the decision maker. Where the total
weighted scores of several alternatives are proximate, a
small change in the estimated performance of any
alternative against any criterion may change the decision.
This is especially important where performance estimates
are developed without benefit of operational data. In
these instances, it may be useful to indicate a range of
estimated performance values having a known confidence
level which can be transferred to the weighted scores.
Where the accuracy limits of the performance evaluation
affect the decision, several options are available to the
decision maker:
a. Delay
the decision
until additional information is available.
b. Acquire
additional data or refine analysis to reduce uncertainty.
c. Review
criteria and weights for modification.
d. Acquire
insurance/back-up
capability (elect parallel
development
plans).
FEASIBILITY
ANALYSIS APPLICATIONS
FEASIBILITY
STUDY REPORTS
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