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Measuring consequences

The need to measure consequences is a direct result of applying the consequential framework in your thinking.   

Consequentialists say that we must judge right or wrong by the consequences of actions. They say that lying is wrong but sometimes something even more wrong will happen, and then a lie is the lesser evil. The outcomes of our actions are assessed in terms of the  public good rather than rights and duties.

Consequences can be measured in terms of financial costs

Cost benefit analysis

or risk of damage.

Risk benefit analysis

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I often say that when you can measure what you are speaking about, and express it in numbers, you know something about it, but when you cannot measure it, when you cannot express it in numbers, your knowledge is of a meagre unsatisfactory kind.
Lord Kelvin  1883