+
Related Flashcards
Related Topics
Cards In This Set
| Front | Back |
|
5 Cs of Business Casing
|
CompleteConsistentConciseNon ContrivedUses Common Sense
|
|
Problem Statement
|
Clear definition of state we are in, state we would like to be in, and benefit we will find in being there (spend 60% of your time here)
|
|
Criteria
|
Set of criteria to be used to locate the optimal solution (10% of time)
|
|
Alternatives
|
Scoping of reasonable solutions where search is broad enough to contain the optimal solution (10%)
|
|
Non Financial Analysis
|
Review of impact of the decisions on operations (5%)
|
|
Financial Analysis
|
Review of financial benefits and costs
|
|
Make a Choice
|
Balance tradeoffs between financial and non-financial accounts (virtually no time - this should come naturally)
|
|
5 Total Impact Accounts
|
Financial effectiveness & efficiencyStewardship of the natural environmentSustainability of the economic environmentSafety of public & employeesService to customer
|
|
RISKS
|
Timing/Cash flow sequenceProject completion riskAssumption ErrorObsolescence
|
|
Financial Criteria
|
Financial returns to stockholdersOperational cost savingsSalvage value of equipmentReduced acquisition cost of assets, good, and servicesAsset value savings
|
|
Sustainability Criteria
|
New employmentEconomic activity benefits
|
|
Environmental Criteria
|
Air emissionsWater emissionsContaminated soilRecycled materials
|
|
Social Impact Criteria
|
AestheticsAreas of cultural, historical, or archaeological significanceQuality of lifeRecreationPublic and worker safetyProgressive Employment
|
|
Customer Service Criteria
|
Quality of products or servicesCash-flow implicationsMarket or one-time impacts to customers' land or propertyChanges to quality of non-core service areas (tech assistance)
|
|
NPV
|
Sum of discounted benefits - sum of discounted costs
|
