McNamara analysis

McNamara analysis is a decision-making tool used to evaluate options based on their costs and benefits. It involves creating a grid to compare each choice against specific criteria, assigning scores for performance and expenses. By multiplying these scores, decision-makers identify which option offers the best value or outcome relative to its cost. This systematic approach helps organizations choose the most effective and efficient solution, balancing quality and budget considerations. It’s particularly useful in situations where multiple alternatives exist, and clear, data-driven comparisons are needed to support rational decision-making.