2.3 Evaluating Options

• What are stakeholders in a decision-making exercise?

  Affected individuals or groups
• Building a new water park on a greenfield site creates jobs but has a high initial cost
• Match the criteria with their descriptions:

  Cost ↔️ The financial investment required

  Environmental Impact ↔️ Effect on natural sustainability

  Feasibility ↔️ Practical viability of implementation

  Stakeholder Acceptance ↔️ Level of support from affected groups
• Feasibility refers to the practical viability and ease of implementation of an option.


  True
• Order the steps for comparing options based on criteria:

  1️⃣ Rate each option

  2️⃣ Compare ratings

  3️⃣ Consider trade-offs

  4️⃣ Choose the best option
• The purpose category in decision-making refers to the reason for making the decision
• The decision-making exercise requires a clear understanding of its context
• To identify available options, each option should highlight its benefits and drawbacks
• When evaluating options, criteria are the key factors that help determine the best choice
• What does the flexibility criterion measure in decision-making?

  Future expansion potential
• Upgrading facilities is justified because it's the most cost-effective option.


  True
• What is the first step in a decision-making exercise?

  Understand the context
• Criteria in a decision-making exercise are factors to consider when evaluating options.


  True
• What is a potential drawback of building a new water park on a greenfield site?

  Environmental impact
• What does the criterion of "Cost" refer to in a decision-making exercise?

  Financial investment
• What is the first step in comparing options based on criteria?

  Rate each option
• Stakeholders are individuals or groups affected by the decision.


  True
• The purpose in a decision-making exercise is always the same, regardless of the context.

  False
• What is a key benefit of building a new water park?

  Creates jobs
• What does the cost criterion measure in decision-making?

  Financial investment
• To evaluate options, a comparison table uses numeric scores to highlight any trade-offs
• What is one reason upgrading facilities aligns with sustainability goals?

  Lower environmental impact
• The purpose in a decision-making exercise refers to the reason for making the decision
• How should available options be presented in a decision-making exercise?

  In a table
• Upgrading existing water park facilities is cost-effective and enhances visitor experience.

  True
• The environmental impact criterion assesses the effect on the natural environment and sustainability
• When considering trade-offs, note if an option performs well on some criteria but poorly on others
• The option with the highest total score after comparing criteria is always the best choice.


  True
• Match the decision-making category with its description:

  Criteria ↔️ Factors to consider when evaluating options

  Constraints ↔️ Limitations or restrictions on options

  Options ↔️ The alternative choices available
• What are stakeholders in decision-making exercises?

  Affected individuals or groups
• Expanding an existing water park may disrupt operations.


  True
• Environmental impact refers to the sustainability effects of a decision.


  True
• Which option in the comparison table has the highest total score?

  Upgrade Facilities