Opportunity-Feasibility Supporting Documents

Transcript:Opportunity-Feasibility Supporting Documents:
Opportunity-Feasibility Supporting Documents Overall Process Overview 2 Selecting factors Remember to select the factors that are appropriate for your business, the example factors on the following slides may help to generate some ideas Scaling statements The scaling statements that you choose need to be relevant to your business. There are some examples included here and a longer list in the Appendix to the paper. You can will also find a blank template in the included Excel file Scoring Follow the scoring process set out later in these slides. An outline project brief is included here, and template individual and group scoring sheets are included in the Excel file Understanding the results A reminder of what the results mean when plotted is included towards the end of these slides. There is also a template you can use to plot your own points Selecting Factors – Example Long List of Opportunity Factors Source: Mitchell et al. 2014 Selecting Factors – Example Long List of Feasibility Factors 5 Scaling Statements – Examples for Opportunity These are examples and you will need to select or create appropriate ones for your business. More examples exist in the Appendix to the working paper. 6 Scaling Statements – Examples for Feasibility These are examples and you will need to select or create appropriate ones for your business. More examples exist in the Appendix to the working paper. 7 Scoring - Outline of the Scoring Process Select reviewing teams Reject any projects outside range Prepare and review project briefs Individual scoring (record key assumptions) Collate individual scores and assumptions Group review Reject any below standard Display ranges on opportunity-feasibility diagram Prune low value projects Review portfolio Reject any below standard Preparation Scoring Decisions Scoring - Project Outline Brief 8 9 Understanding the Results - Overview of Outcomes Opportunity Feasibility Abandon Consider long term Pursue now Consider if enabling Projects bottom left to top right may need more research 10 Understanding the Results - Sample Opportunity x Feasibility Chart Feasibility Opportunity 0 4 8 8 4