Levels within individual program categories are embedded Tools to support analysis of investment versus performance
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The general conclusions from this screening exer-Ĭise are presented in the following paragraphs. High risk) and 5 is the highest (e.g., great need, easy to adapt, (e.g., relatively low need, hard to adapt to different practices, Ratings wereĪssigned on a scale of 1 to 5, where 1 is the lowest rating Gorized according to the major processes of the asset man-Īgement decision model identified in Figure 2.
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Table 8 summarizes the evaluation of candidate tools con-Ĭepts against these criteria the candidate concepts are cate. Âvalue versus availabilityâ matrix originally envisioned in They provide a richerīasis for screening candidate tools than the two-dimensional These criteria were useful for establishing a focus forĭevelopment of candidate tool concepts. Would the candidate tool build onĮstablished techniques likely to be generally acceptedīy the target user group and would it be feasible toĭevelop within the allotted budget and timeframe? Of agencies with different decision-making methods,Į. Would the candidate tool apply to a variety Fit with a Range of Business Processes, Systems,Īnd Data. To be addressed by other research efforts over the nextĭ. Ities currently not met in existing tools and unlikely Would the candidate tool provide capabil. Would theĬandidate tool provide capabilities that address issuesĬommonly recognized as core asset management prin-Ĭiples and likely to advance the state-of-the-practice inĪsset management, consistent with the framework setįorth in the Asset Management Guide developed forĬ. The needs expressed by a wide spectrum of states ī. To establish prioritiesįor which needs should be addressed under this project, can-ĭidate tools were judged on how well they met the followingĪ. There is an extensive and varied set of decision support needsĪs well as a large body of existing tools that at least partially The analysis of needs and available tools indicates that Interviews and supplementary literature review. With the needs for improved analytical tools found in the
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Table 7 presents a matrix of current tools by category along Because it is UNCORRECTED material, please consider the following text as a useful but insufficient proxy for the authoritative book pages. Below is the uncorrected machine-read text of this chapter, intended to provide our own search engines and external engines with highly rich, chapter-representative searchable text of each book.