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The reason for looking at options is to ensure that the best approach for the company is not overlooked. In some cases this may not be a relevant activity. For example, if you are required by law to report certain information, and there is only one option as to how this can occur, this activity is not required.
The first option should always be the 'do nothing' option.
Sometimes by the time the project has progressed to this point,
the starting point is forgotten. People forget why they started
down this path and the reason may not justify the expense
and effort involved. Conversely the expense and effort may
cause some people to say it is not worth it. Reminding them
what the implications of not doing it can refocus their support.
Each option will have:
- A cost and effort
- Risks associated with the option
- Advantages
- Disadvantages
They need to be individually examined, then compared across the solutions.
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