{"id":70,"date":"2016-05-23T00:54:41","date_gmt":"2016-05-23T00:54:41","guid":{"rendered":"http:\/\/www.spaldingnebraska.com\/?page_id=70"},"modified":"2017-01-20T23:53:03","modified_gmt":"2017-01-20T23:53:03","slug":"modeling-success","status":"publish","type":"page","link":"https:\/\/www.drive4college.org\/?page_id=70","title":{"rendered":"Modeling Success"},"content":{"rendered":"

Model Used to Reduce The Uncertainty of the Pilot result<\/u><\/strong><\/h4>\n

Pilot will be developed, as a tool to be used for capital investment decision, with measurable and quantifiable returns. The firm that will be contracted to develop this assessment Business Decisions Economics\u00a0(BDE) http:\/\/www.bde-info.com\/<\/a><\/span>\u00a0.<\/strong><\/h4>\n

Service Overview\u00a0\u00a0<\/strong><\/h4>\n

Business Decisions Economics, Inc\u00a0helps executives evaluate projects as ongoing capital investments with measurable benefits and risks. The results are a powerful enhancement to the usual methods (CBA, EVA, ROI, Scorecards etc) reducing the uncertainty about the economic justification and life cycle value.<\/strong><\/h4>\n

With the\u00a0Business Economic Value\u00a0(BEV)<\/u>\u00a0methodology, Business Decisions Economics consultants:<\/strong><\/h4>\n
    \n
  1. \n

    Use a unique\u00a0BEV framework and toolset to calculate the value of investments by improving the accuracy of valuation before, during or after the fact.\u00a0\u00a0This is accomplished by\u00a0reducing the uncertainty<\/u>\u00a0about 1. the costs, 2. the benefits including\u00a0intangibles<\/em>, and 3. the risks of the investment.<\/strong><\/h4>\n<\/li>\n
  2. \n

    Apply an approach combining empirically derived concepts in Economics, Statistics, Decision Analysis, Information Theory, and other scientific disciplines.<\/strong><\/h4>\n<\/li>\n
  3. \n

    Believe and demonstrate: 1. You can measure anything, 2. You can make decisions based on rational valuations without perfect information, 3. Anything that has value has economic value, and 4. Information has an economic value that you can calculate.<\/strong><\/h4>\n<\/li>\n
  4. \n

    Quantify benefits that seldom appear in a CBA analysis because analysts erroneously think they are \u201cfuzzy\u201d and can\u2019t be quantifiably measured.\u00a0\u00a0As a result, funding decisions are often made on incomplete evidence and compelling information is not adequately considered.<\/strong><\/h4>\n<\/li>\n
  5. \n

    Identify the investment\u2019s most sensitive variables and quantitatively compare the cost of gathering additional information to the value of reducing the uncertainty of those variables.<\/strong><\/h4>\n<\/li>\n
  6. \n

    Calculate the economic impact of the investment\u2019s risks (e.g., cancellation, acceptance, technology atrophy, etc.) and justify risk mitigation strategies (e.g., real options, multiple alternatives, etc.) to offset the risk and optimize the investment.<\/strong><\/h4>\n<\/li>\n
  7. \n

    Prioritize portfolios, using modern portfolio theory, on the basis of a complete economic profile of each investment. Using scientific methods, graph corporate objectives and past successes to create a decision confidence chart for acceptance, rejection or further analysis of project requests.<\/strong><\/h4>\n<\/li>\n
  8. \n

    Understand and model the \u201cCost of Waiting\u2019\u2019, \u201cRevenue Deceleration\u201d and the \u201cExpected Opportunity Loss\u201d if the project is delayed or not implemented.<\/strong><\/h4>\n<\/li>\n
  9. \n

    Use the\u00a0BEV framework and tool kit for business system life cycle\u00a0value management<\/em>.<\/strong><\/h4>\n<\/li>\n
  10. \n

    Deliver project valuation in less than 6 weeks (usually 4 or less) at a total analysis cost of 1\/2 % to 2% of the project\u2019s investment cost.\u00a0\u00a0The economic value received from a\u00a0Business Decisions Economics analysis is documented and typically exceeds 10 times the fees and effort needed for the analysis.<\/strong><\/h4>\n<\/li>\n
  11. \n

    Deliverables consist of:<\/strong><\/h4>\n
      \n
    1. \n

      Business Decisions Economics findings, recommendations and consultative review<\/strong><\/h4>\n<\/li>\n
    2. \n

      A full report, including one section for each\u00a0BEV process step<\/strong><\/h4>\n<\/li>\n
    3. \n

      The final Excel spreadsheet model reflecting the investment\u2019s costs, benefits, risks<\/strong><\/h4>\n<\/li>\n
    4. \n

      All deliverables prepared use your preferred metrics, such as ROI, IRR, NPV, EVA, etc.<\/strong><\/h4>\n<\/li>\n<\/ol>\n<\/li>\n<\/ol>\n

      <\/p>","protected":false},"excerpt":{"rendered":"

      Model Used to Reduce The Uncertainty of the Pilot result Pilot will be developed, as a tool to be used for capital investment decision, with measurable and quantifiable returns. The firm that will be contracted to develop this assessment Business Decisions Economics\u00a0(BDE) http:\/\/www.bde-info.com\/\u00a0. Service Overview\u00a0\u00a0 Business Decisions Economics, Inc\u00a0helps executives evaluate projects as ongoing capital […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-70","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.drive4college.org\/index.php?rest_route=\/wp\/v2\/pages\/70","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.drive4college.org\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.drive4college.org\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.drive4college.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.drive4college.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=70"}],"version-history":[{"count":6,"href":"https:\/\/www.drive4college.org\/index.php?rest_route=\/wp\/v2\/pages\/70\/revisions"}],"predecessor-version":[{"id":439,"href":"https:\/\/www.drive4college.org\/index.php?rest_route=\/wp\/v2\/pages\/70\/revisions\/439"}],"wp:attachment":[{"href":"https:\/\/www.drive4college.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=70"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}