Uses in Capital Investment Planning
A holistic approach to Capital Investment Planning (CIP), using the portfolio approach, requires a significant amount of supporting documentation. The VMM approach can provide planning data and performance assessment criteria for the following:
- Summary of spending
- Project description and justification
- Performance goals and measures
- Alternatives analysis
- Risk inventory and assessment
- Program management (partial)
- Acquisition strategy (partial)
- Project and funding plan (partial)
- Business case criteria (partial)
In particular, VMM allows quantitative reporting of commitments to particular intangibles across a number of initiatives, even when they differ by their stage in their lifecycles.
Read more about this topic: Value Measuring Methodology
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