Maximizing Value to Non-Profits
Overview
The Balancing Act
Cost of Delay Analysis
The Four Forces on Commercial Projects
One of Many Rapid Development Tools
Strategic vs. Tactical Tools
Sensitivity Analysis
Commercial Experience
Adaptation to Non-profit Projects
The Five Forces on Non-Profit Projects
Objective: Maximize Value
What is Value?
Calculating Benefits
Identifying Costs
How Do You Determine Value?
“Rational User” Method
Comparison Method
Other Methods
Time and Its Impact
Three Examples of the Value of Time
Reduced Crew Size Destroyers
Delay in New SSBN
Radar Aircraft Reliability Improvement
Applying Cost of Delay Analysis A Detailed Example
Step I Create A Value Model
Baseline Economic Model Template
Major Interchange Upgrade
Step II Modify the Baseline Model
Modified Value Models (Major Interchange Upgrade)
Step III Calculate Total Impact
Step IV Convert to Decision Rules
Summary
Email: asq0511@asq0511.org
Home Page: www.asq0511.org