Investment Planning
The Investment Planning phase is typically the first phase of AIPM to be implemented. It revolves around identifying, documenting and then optimizing the capital and operations & maintenance requirements to deliver on the objectives and constraints set out in the company's strategic operating framework.
The Investment Planning module allows asset managers, maintenance staff, engineers, strategic planners and financial staff to share a common, dynamic and comprehensive view of each proposed or planned investment, with its full operational, engineering and financial justification, costs and resource requirements.
Investment Planning includes defining the supporting business cases for each current or near term asset investment to be made. Each business case enables the user to include alternatives, costs, benefits (both financial and non-financial), KPI impacts, resources and milestones. Financial categories and accounting code blocks can be defined for each individual spend line. Each investment can be organized into a customer-defined hierarchy of investment portfolios.
Investments, which are supported by their detailed business cases, are managed through a stage gate process as they are created, refined, and approved for planning and then execution. Investments can be optimized based on customer-defined scoring functions or standard scoring functions such as IRR, NPV and Benefit-to-Cost ratio.
Financial functionality includes support for fiscal years, tax rates, real and nominal dollar calculations, cascading fiscal constraints and accounting code block parameters.
Various standard reports are included such as a Business Case report, an Investment Summary Report and a Portfolio Prioritization Report.
Benefits
Implementing CopperLeaf C55 Investment Planning increases efficiency and reduces operating costs by increasing the quality of investment tradeoff decisions which are aligned to the organizational strategy and objectives. This will contribute to:
- Increased process efficiencies through reduction in "data jockey" time and errors and increased reliability of data
- Consistency, transparency, accuracy and completeness in investment plan preparation and content
- Providing Engineering and Financial teams with a common, consistent framework for investment discussion and decisions -- "One version of the truth"
- Ability to create and compare multiple "what-if" scenarios to make the best investment decisions
- Centralized, consistent approach to documenting and reviewing investment and portfolio decisions aligned with corporate strategy, objectives and constraints
- Efficient generation of a package to communicate and defending the investment recommendations
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