What analytical technique focuses on identifying all reasonable alternatives and evaluating them against each other?

The analytical technique that centers on identifying all reasonable alternatives and evaluating them against one another is the analysis of competing hypotheses (ACH). This method is particularly valuable in decision-making contexts where multiple possible explanations or solutions exist. ACH systematically challenges each hypothesis by assessing the evidence and reasoning in support of or against each alternative, allowing for a clearer understanding of which option may be the most viable.

This technique not only encourages the consideration of all available alternatives but also emphasizes the importance of thorough evaluation, making it a robust tool for analysis in uncertain or complex situations. It helps to minimize biases and assist in arriving at decisions that are well-founded in evidence rather than assumptions.

In contrast, other methods like SWOT analysis focus on strengths, weaknesses, opportunities, and threats, often providing a strategic overview rather than a direct comparative assessment of alternatives. Cost-benefit analysis quantifies the economic pros and cons of alternatives but does not necessarily evaluate them against each other in a comprehensive manner. Scenario planning, while useful for envisioning future possibilities, doesn't prioritize the comparison of specific alternatives as ACH does.