Cost effectiveness analysis is used in situations where benefits and costs are not readily converted into a money base. Five elements can be identified in such an analytic process: (1) The objective must be defined in terms of what it is and how it is attained; (2) alternatives to the objective must be clearly definable; (3) the costs must be expressed in a manner that makes sense in terms of the objective; (4) creation of a model provides the framework upon which one exercises judgment on the consequences of each alternative; (5) a criterion must be established so that the ranking of alternatives can be accomplished in desirable order. The process is designed to support judgment and intuition rather that to replace them. Related documents are EA 002 158 and EA 002 159. (LN)