3.2 The Long List of Options
Use brainstorming involving a wide cross section of Stakeholders to identify a long list of options that could meet the investment's objectives.
Be innovative and radical
Options development framework
Scoping options
• what (levels of outcomes)
• why (investment objectives and business needs)
• where (geographical, functional, services involved)
Technical options
• how will the solution be delivered (automation?)
Service delivery options
• who (in house, partnership, outsource, collaborate)
Implementation options
• when (timing and phasing, big bang versus incremental approach, modular introduction e.g. IT software)
Funding options
• internal funding, available grants, exchequer, private borrowing. prudential borrowing, PFI)
To reduce the long-list to a short-list consider the following:
• Do any options fail to deliver either the Critical Success Factors or the investment objectives?
• Do any options seem unlikely to deliver sufficient benefits?
• Are any clearly impractical or undeliverable?
• Are any clearly inferior with lower benefits but higher costs than other possibilities?
• Do any violate any of the constraints e.g. unaffordable?
• Are any so similar that one can be dropped?
• Are any too risky?