Trade-off study
A comparative analysis that examines the cost, schedule, and quality impacts of exchanging or substituting one construction method and/or design component with another. The goal is to solve a complex problem using a variety of criteria to demonstrate the benefits and risks associated with the exchange or substitution to decision-makers.
A trade-off study is an analysis used to compare different options based on various criteria such as cost, performance, and risk. It helps decision-makers evaluate the relative merits of each option, optimizing project outcomes by balancing competing priorities and constraints.
Used in a sentence
Conduct a trade-off study to evaluate the impacts of different design options on cost and performance.
Synonyms/variation
Trade-Off Analysis
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