- Karriere / Stellenmarkt
Value Benefit Analysis (Excel Template)
The value benefit analysis (utility analysis) is a method for the quantitative assessment of the benefits of decision alternatives, which are not or difficult comparable due to missing numeric or monetary comparison criteria. This Excel tool allows the performing a value benefit analysis for up to five alternatives using up to 12 non-hierarchical criteria.
The tool provides functions to perform the following tasks:
The prioritization of criteria can be performed either using one of the methods "Pairwise comparison" (recommended) or "Frequency of nomination".
As a special feature, a plausibility check is integrated, which detects inconsistencies in pairwise comparison of the criteria and offers correction suggestions. The result of the value benefit analysis is represented in a graphic, which vividly shows the ranking of the alternatives.
With the help of a built-in automatic sensitivity analysis, it can be examined how minor changes in the weighting of the criteria will affect the result.
A description of the possibility of using the Excel Scenario Manager as an alternative or complement to the integrated sensitivity analysis completes the application.
Detailed explanations are accessible to the individual work steps.
The tool is created in Excel 2010 and contains no macro (VBA) code. It is automated, intuitive to use and requires no special knowledge of Excel. To illustrate, the tool delivery contains a trivial example that can be overwritten by your own data.
The worksheet protection of the input tables is not secured by password. The calculations and formulas are however protected and cannot be changed.