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GLOSSARY
Variable

Variable

Variable is a term for a metric used as an element in a decision or scorecard.

Synonyms: Criteria , Input

See Also: Scorecard , Model , Utility Function

Typically criteria used in decision making and prioritization cover financial and non financial metrics. Financial measures are usually handled as a numeric value, whereas strategic or quantitative criteria are usually handled as a multiple choice format linked to a scoring system.

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