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Purpose is to assign monetary values to the identified costs and benefits, making them comparable. This informs decisions by facilitating a cost-benefit ratio and net present value calculations.

Purpose is to consider the probability of different outcomes occurring and the level of uncertainty surrounding the costs and benefits. This informs decisions by estimating the likelihood and impact of future events.

Purpose is to assess how results might change with variations in the assumptions or inputs. This informs decisions by highlighting which variables have the most influence on the outcome and where there is uncertainty.

Purpose is to synthesize all the analysis into a clear recommendation. This informs decisions by providing a conclusion based on the evidence and analysis undertaken in previous steps.

Purpose is to adjust future costs and benefits to their present value, as money has a time value. It informs decisions by accounting for the fact that benefits or costs occurring in the future are not as valuable as the same occurring now.

Purpose is to weigh the net benefits (benefits minus costs) of each alternative against each other. This informs decisions by identifying the alternative with the greatest net benefit to society.

Purpose is to forecast the potential environmental and economic outcomes of different decision paths. It informs decisions by enabling comparison of potential future scenarios.

Purpose is to acknowledge and discuss impacts that cannot be easily quantified, such as cultural values or biodiversity. This informs decisions by incorporating qualitative aspects into the decision-making process.

Purpose is to account for all the economic, social, and environmental costs and benefits associated with the decision. This informs decisions by providing a comprehensive list of impacts to be evaluated.