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One of the most important aspects of achieving effective change is to make a sufficient case that change is required and what that change should be. Effective options appraisal is about considering a range of creative options and making the right design on the most appropriate way forward. This is essential to any organisation as it is critical to select the right path and way forward. That's why options appraisal is central to projects, business cases, business plans and consulting reports (among many others). Effective options appraisal can help you choose and communicate the right way forward and attain ?buy-in' from those that need to be part of it. This is essential to ensuring that any change effort including spend is allocated to the achievement of the best results.
This Options Appraisal tool provides an actual example of the identification, weighting and scoring of a range of options that you can follow and easily apply to your own business or project. Alternatively, the document also includes a template that guides the delivery of an option appraisal. Both the example and the template are highly intuitive and designed to support an evidenced-based and highly effective options appraisal exercise. All you need to do is add the options, choose the weighting, and score the options and an actual example is provided for you to follow. The options appraisal can then be added to any presentation or report and be used to make a strong and clear case for change and what that change needs to be.
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Source: Best Practices in Decision Making Excel: Options Appraisal Toolkit - Example and Template Excel (XLSX) Spreadsheet, Navigate Change Consulting
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