Description
Alternative Analysis |
The PMBOK defines alternatives analysis as “the process of determining and evaluating different course options or solutions to achieve the objectives of the project.” In other words, it’s all about finding the best way to get the job done.
There are a few different ways to approach alternatives analysis. One is to simply list out all of the potential options and then evaluate them one by one. Another is to create a matrix that rates each option on a number of different criteria. Whichever method you choose, the goal is to identify the option that will best help you meet your project goals.
Alternatives analysis is an important part of the project management process because it helps ensure that you are making the best possible decisions for your project.
It is used to evaluate multiple risk responses or other options to find out the best as part of data analysis.
It belongs to the tool category – Data analysis
Where it is Used
Process Groups
This tool is used in the following Process Group(s) during the project management.
Planning
Executing
Monitoring & Controlling
Knowledge Areas
This tool is used in the following Knowledge Areas during project management.
Project Quality Mgmt.
Project Integration Mgmt.
Project Resource Mgmt.
Project Stakeholder Mgmt.
Project Cost Mgmt.
Project Risk Mgmt.
Project Schedule Mgmt.
Project Scope Mgmt.
Activities
This technique is used while performing the following project management activities by the project manager and the team.
Estimate Costs
Estimate Activity Resources
Plan Risk Responses
Estimate Activity Durations
Define Scope
Plan Scope Management
Manage Quality
Monitor and Control Project Work
Perform Integrated Change Control
Control Resources
Monitor Stakeholder Engagement
Estimate Activity Resources
Plan Risk Responses
Estimate Activity Durations
Define Scope
Plan Scope Management
Process Group | Knowledge Area | Activity |
Planning | Project Cost Mgmt. | Estimate Costs |
Project Resource Mgmt. | Estimate Activity Resources | |
Project Risk Mgmt. | Plan Risk Responses | |
Project Schedule Mgmt. | Estimate Activity Durations | |
Project Scope Mgmt. | Define Scope | |
Plan Scope Management | ||
Executing | Project Quality Mgmt. | Manage Quality |
Monitoring & Controlling | Project Integration Mgmt. | Monitor and Control Project Work |
Project Integration Mgmt. | Perform Integrated Change Control | |
Project Resource Mgmt. | Control Resources | |
Project Stakeholder Mgmt. | Monitor Stakeholder Engagement | |
Project Resource Mgmt. | Estimate Activity Resources | |
Project Risk Mgmt. | Plan Risk Responses | |
Project Schedule Mgmt. | Estimate Activity Durations | |
Project Scope Mgmt. | Define Scope | |
Plan Scope Management |
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