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Resource Allocation
The Santa Clara Valley Water District needed a defensible tool for optimizing the distribution of its $300 million budget among functional and geographic units of its water and
flood programs. The completed system allocates funds based on maximizing public safety, environmental quality, responsiveness to community concerns, customer service, and financial
return. Scales and metrics are provided for quantifying benefits. A recent audit praised the utility for the quality of its priority system.
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IT Spending
A financial services company initiated an ambitious e-business program. Project proposals exceeded the budget, and project interdependencies and limited time-windows for success
made choosing which projects to delay difficult. Teaming with S∓P, we created a priority system that prioritizes new proposals and identifies on-going projects that should be
slowed or terminated to accommodate new efforts. The first application identified an alternative project portfolio that increased value by almost 30%.
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Asset Management
This application created a budget allocation system for Northern States Power (now Xcel Energy) to optimally distribute its $250 million annual operating budget across 10 business
units responsible for transmission, distribution, and various retail services. According to George Bell, the Director of Asset Management, “This effort was worth 10 times what
it cost.” Larry Taylor, the President of NSP Electric, described the weight assignment process as “a break-through for the leaders.”
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