|4.27 Elementary Method "Benefit Analysis" (BA)|
The Benefit Analysis (BA), also referred to as multi-factor method, is a static and non-monetary evaluation procedure from the area of cost-benefit calculation, used to prepare a selection between several alternatives. With the help of BA it is attempted to make both the evaluation and the decision transparent.
The individual alternatives are evaluated with regard to the specified subgoals. Usually, a marking scale is used for the evaluation. Based on its different importance, the subgoals are differently weighted. The benefit value (the overall goal performance) is the sum of the weighted subgoal performances per alternative, i. e. a weighted average, and represents the decision criterion.
In case the application criteria of the method are met (compare section 3) and if no cost-related decision has to be made, the procedure is as follows:
Steps 1-3 are used to prepare the benefit analysis (steps 4-8).
Application criteria for the benefit analysis:
Furthermore, the application of method BA is only practical, if
|4.1||SD2.3 - Investigation of Feasibility||
The benefit analysis offers decision support within the scope of the investigations of the system software and the usability of off-the-shelf products.|
Subproduct System Architecture.Feasibility Studies is not completely covered by the benefit analysis. The BA merely supports the selection for several possibilities of realization, not the correspondingly required technical investigations, though.
|4.2||PM2 - Placement/ Procurement||
Method BA is used in activity PM2 to evaluate and compare available offers. This is a classical application for the Benefit Analysis.|
Subproduct Offer Evaluation.Evaluation of the Offers is covered by method BA.
|4.3||PM5 - Cost/Benefit Analysis||Method BA can assist in the generation of the product Cost/Benefit Analysis.|
|4.4||PM8 - Project Control||In PM8, the BA is used to make a selection of possible measures to discover, compensate, and prevent faulty plans. This is based on the results of method FMEA - Failure Mode Effect Analysis; the results are stored in the reporting documents.|
|GDPA Online Last Updated 01.Jan.2002 Updated by Webmaster Last Revised 01.Jan.2002 Revised by Webmaster|