Pick Me, Pick Me: Developing Selection Criteria for Your Capital Plan
Pick Me, Pick Me: Developing Selection Criteria for Your Capital Plan
Conference RegistrationSession Details
Date: Tuesday, June 30
Time: 8:55 am - 10:10 am CT
1.5 CPE credits
Level: intermediate
Field of Study: Finance
A decision-making process to determine how to use scarce capital funding that is dominated by emotion, politics, and back-room deals will almost certainly fail to deliver results. Finance professionals play an important role as decision architects to both define and facilitate an efficient, transparent, and effective evaluation process for the capital plan.
In this session, speakers will discuss who needs to be included in the decision-making process, how to develop and communicate clear evaluation criteria, which scoring strategies are most effective, and how to build trust throughout the organization. Speakers will also present evaluation criteria and lessons learned from different governments, with guidance on adapting them to your own.
Learning Objectives
- Identify appropriate stakeholders to include in evaluating capital projects
- Discuss the importance of setting and utilizing clear criteria when evaluating capital investments
- Design and implement a transparent process for soliciting, evaluating, and selecting initiatives for capital funding