SIB Business Case Template: Evaluation and Support Guide PPT
This PPT slide, part of the 126-slide Capital Optimization Guide PowerPoint presentation, presents an overview of the SIB Business Case Template, which serves as a quantitative evaluation tool for project assessment. It outlines 4 key sections: when to use the template, what information to complete, reasons for its utilization, and how to obtain assistance.
The "When to use it?" section emphasizes the importance of filling out the template before the initial scrubbing session. This early engagement is crucial for capturing all currently known information. It also suggests updating the template as the project evolves, ensuring that the data remains relevant and accurate throughout the project lifecycle.
In the "What to complete?" section, the slide details the necessary inputs for all projects, including project parameters and team details. It highlights optional components such as parameters and capital expenditures for expansionary or cost-saving projects, as well as direct benefits. This structured approach ensures that all relevant aspects of a project are considered, facilitating comprehensive evaluations.
The "Why use it?" segment articulates the primary benefits of employing the template. It quantifies project benefits in monetary terms, aiding decision-making processes. Projects that indicate a negative payback period are flagged as less likely to receive approval, thus guiding stakeholders in prioritizing viable initiatives.
Lastly, the "How do I get help?" section provides resources for users seeking assistance. It mentions available training from the CET, a dedicated page on Eureka for frequently asked questions, and the option to receive direct support from the CET as needed. This structured support framework enhances user confidence in utilizing the template effectively.
This slide is part of the Capital Optimization Guide PowerPoint presentation.
This framework was developed by a team of consultants for a large blue chip company and can be replicated across industries.
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