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BENEFITS OF DOCUMENT
The ROI tool has been developed to calculate a project's Return On Investment (ROI) value. It is designed to build a business case and support the prioritization process by evaluating the real impact on the bottom line. Download this simple yet complete tool to use as-is or modify how you like. It can save you hours of effort if you plan to develop something similar from scratch or look for it elsewhere on the Internet. The spreadsheets can be customized. The categories of benefits include, but are not limited to:
DS1 Direct Savings: Base cost reduction (Maintenance, Suppliers, etc.)
DS2 Direct Savings: Material reduction (Price or Quantity reduction), reduced outage, improved capacity factor
DS3 Direct Savings: Overtime reduction / Other
P1 Productivity / Indirect benefits: Reduction in the number of service hours (equipment fix time), process improvement-related savings
P2 Productivity / Indirect benefits: Administrative task simplification (Time to complete), rework reduction
P3 Productivity / Indirect benefits: Other – technology management, customer satisfaction, etc.
CA1 Cost Avoidance: Reduction of currently incurred costs, anticipated future cost increase avoidance
Got a question about the product? Email us at [email protected] or ask the author directly by using the "Ask the Author a Question" form. If you cannot view the preview above this document description, go here to view the large preview instead.
Source: Best Practices in Project Planning Workbook, ROI Excel: Return on Investment (Project Management/Lean) Excel (XLSX) Spreadsheet, QMaxima Inc. - Simplifying Excellence
ABOUT THE AUTHOR: QMAXIMA INC. - SIMPLIFYING EXCELLENCE
QMaxima is committed to helping you achieve maximums through quality services in:
• Program and Project Management
• Integrating Lean Six Sigma With Digital Technologies & IoT
• Process Performance & Value-Stream Mapping
• Product & Service Quality Improvement
• Lean Six Sigma & Change Management
• Metrics & KPI Management
• Comprehensive Dashboard Deployment
Our offerings include services in Business Process Improvement, Lean Six Sigma, Hoshin Kanri, Kaizen Event Facilitation to manufacturing, healthcare, software, and IT industries.
Our experienced consultants apply simple, yet powerful frameworks, methodologies and tools such as Lean Six Sigma, Process Management, Change Management, PROSCI, CMMI, ISO and others.
Our mission is to help your organization achieve and sustain unprecedented levels of process performance, product and service quality.
QMaxima Inc. - Simplifying Excellence has published 18 additional documents on Flevy.
This business document is categorized under the function(s): Corporate Finance
It applies to All Industries
File Size: 1.4 MB
Related Topic(s): Project Planning Workbook ROI
Purchase includes lifetime product updates. After your purchase, you will receive an email to download this document.
Initial upload date (first version): May 5, 2016
Most recent version published: Feb 3, 2021
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