Welcome to the Carpe Diem West Academy Discussion Forum. This feature allows Academy users to share information, thoughts, questions and suggestions with each other creating virtual conversations between water manager on water-climate issues in the American West. We hope this feature facilitates the richessness of peer-to-peer learning and interaction and creates a venue to build relationships and connections.
STAGE 5: Appraise options
The purpose of this stage is twofold:
- To provide a robust basis upon which to make a recommendation of the ‘best’ option
- To refine and improve options
As in Stage 3, Stage 5 is executed in a tiered fashion. The first tier is a qualitative analysis of the options aimed at generating a ranked list. The second is a semi-quantitative analysis that assigns lower and upper bounds on the risks, costs and benefits of each option. And the third tier is a fully quantified analysis with a strong leaning toward economic valuation.
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