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- We all become too attached to our projects and need to ensure they are aggressively scrutinized by the decision making team.
- Financial techniques used are important but so too is consistent analysis concerning the strategic positioning of the project.
- Consistent analysis throughout the planning cycle enables open discussion and debate.
- Good decisions are made when decision makers are able to decide between options that have been consistently evaluated.
- A change in the external environment should trigger a structured review of recent decisions
SarJay can help you needed to make the process of project evaluation transparent and consistent. - We will help you define the standard criteria and performance management tools for project analysis
- Using these we will develop standard presentation of projects
- We will work on optimizing the process from the idea through to the final presentation to your Board of Directors.
- The result will be more comparable project information that focuses the decision making process on the real differences between projects.
- The process will facilitate speedy review of past decisions if the external environment changes.
- Implemented effectively the result will be improved project quality and a stronger innovation pipeline
Vital Questions - How can I as a CFO have confidence that the financial analysis for projects presented follows a consistent methodology?
- How can I shift the focus from dissecting different financial analyses to quickly comparing projects on their merits?
- How can I facilitate a process which must enable efficient decision making?
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