advantages and disadvantages; pros and cons; merits and demerits
Formal noun used when weighing the good and bad points of a decision, plan, or situation. Often appears in business or analytical contexts.
We need to carefully examine the advantages and disadvantages of this plan.
After considering the pros and cons, we will make a final decision.
Let's carefully consider the pros and cons of this plan before deciding.
I compared the pros and cons of the two proposals and put them together in a report.
A meeting was held to examine the pros and cons of the new system.