Is there a certain method used to analysis?

Who uses value benefit analysis?

• Here in Germany, the method is commonly used for choosing between alternatives, for example in innovation management, where a company has to decide which ideas to pursue and which to drop. In German, the method is known as "Nutzwertanalyse", but its Wikipedia page is incorrectly linked to "cost utility analysis". The correct translation seems to be "value benefit analysis". However, Google has hardly any hits for this term, which implies that this method is not used in the English-speaking world at all (or that the translation is, in fact, incorrect.) [EDIT] Here is an example: - You have a number of alternatives and a number of criteria. - Assign a weight to each criterion as an expression of its importance. - Assign a score to each alternative with respect to each criterion and multiply these scores by the appropriate criteria weights. - Sum the individual weighted scores to obtain overall scores for each alternative. - The alternative with the highest overall score is the best. [/EDIT]

• Answer:

  Our complete life is one long series of making continuous value benefit analyses