- Objectives are normally oriented to output or end result and are usually not precise.
- Alternatives ordinarily represent total systems, programs, or strategies for meeting objectives.
- The measures of effectiveness must be relevant to objectives and set in terms as precise as possible, although some may not be subject to quantification.
- Cost estimates may include nonmonetary as well as monetary costs.
- Decision standards, while definite but not usually as specific as cost or profit, may include achieving a given objective at least cost, achieving it with resources available, or providing for a trade-off of cost for effectiveness, particularly in the light of the claims of other programs.
Steps involving the decision on Cost-Effective-Analysis
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