What is a key advantage of using scenario analysis when evaluating alternatives?

Using scenario analysis provides significant value by enabling the visualization of multiple perspectives. This approach allows business analysts to create different scenarios based on varying assumptions and external factors, helping stakeholders understand potential outcomes in a more comprehensive manner. By illustrating how different situations might unfold, scenario analysis facilitates informed decision-making and encourages dialogue among stakeholders. This process is particularly beneficial in complex environments where uncertainty exists, as it brings clarity to how various alternatives might perform under different conditions.

In contrast, the other options do not accurately convey the benefits of scenario analysis. For instance, asserting that it guarantees all stakeholders will agree overlooks the inherent complexities and differing views among stakeholders. Similarly, while scenario analysis does help simplify complex data, it does so by exploring multiple viewpoints rather than condensing everything into a single one. Lastly, far from reducing the need for discussion and debate, scenario analysis actually fosters these discussions by prompting stakeholders to consider different outcomes and perspectives, ultimately enhancing collaborative decision-making.