Cost Benefit Analysis - Used to analyze the costs of implementing something compared to the benefits to be achieved.
Criteria Weighting Technique - A tool used to assist in option selection. Uses functional drivers (or objectives) that are weighted for scoring options against.
Function Analysis System Technique (FAST) - Identification of functions (at the heart of Value Management) of products, processes, projects or services.
Pareto Analysis - Often called the 20/80 rule, Aim to concentrate on the top 20% of items that often have biggest (often 80%) impact.
Risk Analysis - A structured approach to identifying risks that could affect project, product, process or service success.
Value Analysis - Structured team based approach to identifying functional requirements of projects, products, processes or services.
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