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Speed
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How fast is this approach? How quickly can this approach resolve the issue?
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Results
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How good are the results? Include the level of confidence that you want to have in the results.
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Will funnel you toward your best choice and away from bad ones
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Will this quickly eliminate the worst choices and allow you to focus your efforts on the most promising options?
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Keeps details from being overlooked
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Does this keep small but important details from being overlooked? For instance, would it prevent you from overlooking the insurance cost on a new car purchase?
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Can determine the optimal choices even if there is a lot of missing information
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Some approaches fall apart quickly if any data is missing. Others allow you to waste effort on criteria that ultimately do not impact the decision results.
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Generates helpful explanatory charts
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Some people think in pictures. Does this generate charts and graphs that clearly convey the decision criteria and the performance of the candidates?
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Generates helpful reports
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Does this generate helpful checklists, lists of unaddressed issues and summary reports?
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Makes the reasons for the final decision clear to everyone
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Does this have the ability to clearly present the reasoning of the decision maker(s) to other interested parties?
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Allows you to easily defend your decision
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Does this fit into an approach where criteria can be decided ahead of time so you can say “We all agreed to this beforehand?”
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Process Features
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Does this approach have desirable features and options?
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Will consistently reflect and utilize your stated values and goals
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Will continue to use the criteria and levels of importance that you set up initially, until told to do otherwise.
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Supports easy modification and review of a decision as more information becomes available
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Can you go back and review and or edit previously collected data, including your notes and comments?
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Utilizes pre-loaded advice from experts and researchers
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Does this approach save you time and money by letting you use pre-loaded knowledge from people who have researched the decision you are trying to make?
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Can handle lots of alternatives and not accidentally overlook one
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Lots of alternatives do not overload the process or cause something important to be overlooked.
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Can handle and control politics and intuition
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Can “political” considerations and intuition be factored into the process? Can their impact in the final decision be measured?
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Supports easy collaboration with others
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Can others easily share in this decision? Can different participants have different amounts of influence in the final decision?
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Easily supports various levels of decision detail
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Can the level of decision detail vary as you “narrow down” you list of options?
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Minimizes additional work as you narrow in on your best choice
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As you eliminate some options, do you have to do more work than you should in order to go into more detail on the remaining options?
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Utilizes the latest decision making science
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Is this process respected amongst people who are experts in the decision sciences?
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Cost
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How much money and time does this process take?
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Monetary Cost
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How much out of pocket money does this approach cost?
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Time Investment
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How much time is required to learn and use this process?
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