Lecture 7: Alternatives and appraisal frontiers Flashcards
1
Q
What are the strengths of CBA?
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2
Q
What are the weaknesss of CBA?
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3
Q
What is multi-criteria decision analysis MCDA?
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4
Q
What are the 6 steps of a MCDA?
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5
Q
What 4 factors should be consider when setting MCDA?
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6
Q
What is swing-weighting in MCDA?
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7
Q
Explain what scenario analysis is and give and example of it
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8
Q
How is DfT developing scenario analysis?
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9
Q
What are the advantages and disadvantages of scenario analysis?
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10
Q
Explain what real option analysis is
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11
Q
Give an example of real option analysis
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12
Q
What are three other techniques that can be used to analyse options
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13
Q
What is transformational change?
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14
Q
What is Risk-Opportunity analysis
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