Benefits Quantification in IT Projects

The probability of IT project failures can be mitigated more successfully when discovered early. To support an early detection, transparency regarding a project’s cash flows shall be increased. Therefore, an appropriate analysis and calculation of a project’s costs, benefits, risks and interdependencies is inevitable. Until today, however, a method that appropriately considers these factors when estimating the ex ante project business case does not yet exist. Using the Action Design Research approach, we designed, applied and tested a practicable and integrated method of determining the monetary value of IT projects to generate generalized insights to benefits management. This method was conjointly developed by practice and academia, to ensure practical applicability while upholding scientific rigor. Furthermore, to support understandability of the method, we provide an application example

Stakeholders perspectives on time horizon and quantification of enterprise architectures benefits/value drivers

Enterprise Architectures are being used by many organizations as a strategic tool for framing and managing key business and IT initiatives and activities. However, given the complexity and costs associated with building an Enterprise Architecture, there is a growing need to demonstrate the importance and usefulness in terms of the value that it represents to an organization. Without an adequate justification for the investment in Enterprise Architecture projects, organizations either do not to start or tend to abandon their Enterprise Architectures. In this paper, we present the stakeholders perspectives on two key dimensions of the Enterprise Architectures benefits/value drivers: the time horizon (time needed for the realization of the benefits) and its quantification (measurement of the realization of the benefits). In our view, these two dimensions are fundamental to realize how much effort will be required to assess the value of an Enterprise Architecture.- (undefined

Autonomous ship concept evaluation – Quantification of competitiveness and societal impact

The prospect of large-scale international adoption of autonomous ships has led to expectations of reduced costs and emissions for waterborne transport of goods. This is commonly attributed to the possibility of removing manning from the ship, which enables more efficient ship designs and reduced operational costs. So why have we not seen a multitude of autonomous ship building projects? There are several reasons for this, including immature technology and regulations. However, there is another reason which has received less attention; the lack of quantifiable evidence for the benefits arising from investing in autonomous ships. There are some case studies on the impact of autonomy on transport cost, but there is no established method for evaluating the effects of an investment in autonomous ships. This paper will present Key Performance Indicators (KPIs) developed to enable such quantification. Furthermore, the developed KPIs are chosen not only to enable quantification of benefits but also to be calculable based on data which it is reasonable to assume that are available or obtainable at a concept stage.publishedVersio

Draft Regional Recommendations for the Pacific Northwest on Water Quality Trading

In March 2013, water quality agency staff from Idaho, Oregon, and Washington, U.S. EPA Region 10, Willamette Partnership, and The Freshwater Trust convened a working group for the first of a series of four interagency workshops on water quality trading in the Pacific Northwest. Facilitated by Willamette Partnership through a USDA-NRCS Conservation Innovation Grant, those who assembled over the subsequent eight months discussed and evaluated water quality trading policies, practices, and programs across the country in an effort to better understand and draw from EPA's January 13, 2003, Water Quality Trading Policy, and its 2007 Permit Writers' Toolkit, as well as existing state guidance and regulations on water quality trading. All documents presented at those conversations and meeting summaries are posted on the Willamette Partnership's website.The final product is intended to be a set of recommended practices for each state to consider as they develop water quality trading. The goals of this effort are to help ensure that water quality "trading programs" have the quality, credibility, and transparency necessary to be consistent with the "Clean Water Act" (CWA), its implementing regulations and state and local water quality laws

Quantifying the benefits of residential greywater reuse

There is paucity of data on the quantification of the benefits of residential greywater reuse via direct diversion. While estimates have been made based on modelling the potential mains water savings, it is also recognised that the practicalities of system operation and occupant behaviour introduce substantial variation to these estimates. Three single residential housing projects in Fremantle, Western Australia, undertaken over ten years with a substantial focus on water efficiency and mains water substitution, have provided an opportunity to quantify these benefits. All three dwellings were intensively metered and documented. This paper describes the learnings generated along the way, including the methodology developed to effectively integrate direct diversion greywater reuse into a productive garden, along with other water sources to satisfy landscape water demand. Importantly a robust quantification of actual greywater volumes and associated mains water savings was made. The publication of actual greywater volumes will significantly contribute to this field and go a long way towards validating the merits of residential greywater reuse on mains water savings when systems are properly installed and operated. Brief considerations are also provided for energy efficiency and financial assessment

Cost-Benefit Analysis in a Framework of Stakeholder Involvement and Integrated Coastal Zone Modeling

Active involvement of local stakeholders is currently an increasingly important requirement in European environmental regulations such as the EU Water Framework Directive (WFD) and the EU Marine Strategy Framework Directive (MSFD). The same is true for economic analyses such as cost-benefit analysis (CBA). For example, the Swedish WFD implementation requires i) quantification of cost and benefits of proposed measures and ii) stakeholder involvement. How can these two requirements be integrated in practice? And can such requirements facilitate implementation of projects with a potential net benefit? This paper presents a stepwise CBA procedure with participatory elements and applies it for evaluating nutrient management options for reducing eutrophication effects in the coastal area of Himmerfjärden SW of Stockholm, Sweden. The CBA indicates a positive net benefit for a combination of options involving increased nitrogen removal at a major sewage treatment plant, creation of new wetlands and connecting a proportion of private sewers to sewage treatment plants. The procedure also illustrates how the interdisciplinary development of a coupled ecological-economic simulation model can be used as a tool for facilitating the involvement of stakeholders in a CBA.cost-benefit analysis; stakeholder involvement; integrated modeling; eutrophication

Attracting Investment to REDD+: Capitalizing on Co-Benefits?

At its inception in 2007, the United Nations-sponsored Reducing Emissions from Deforestation and Forest Degradation (REDD+) mechanism had one primary goal: to mitigate carbon dioxide emissions from the global forest sector, which currently account for approximately 10% of global carbon emissions. REDD+ has undergone various modifications to its scope and approach in the succeeding nine years, but little has yet come from subsequent UN climate negotiations in the way of creating an obligatory financing scheme that would require participation from actors in developed countries. Today, dozens of preliminary REDD+ projects are operational across the world, but these projects receive strictly voluntary funding from a suite of public and private actors, including national governments and companies engaged in social responsibility practices. Despite some successes in this voluntary realm and promises of REDD+ advancement at recent negotiations, it has become clear that without assured funding – and pending an international financing mechanism for REDD+ – projects face an increasingly difficult environment for attaining capital resources. Scaling up the mechanism will be virtually impossible without addressing the imbalance between supply and demand for REDD+ credits in the voluntary stage. Code REDD, a San Francisco-based non-governmental organization whose mission is to support and scale the REDD+ mechanism, is attempting to discover whether untapped opportunities exist for sustaining REDD+ before the commencement of an international financing scheme, specifically by capitalizing on the co-benefits of REDD+ projects: the social and environmental outcomes that inherently accompany responsibly designed carbon offset projects. These co-benefits can include biodiversity benefits, freshwater provision, community economic development, and women’s empowerment. This question of the potential for co-benefit quantification and sale as a means to sustain REDD+ in the voluntary phase was the foundation of the research we undertook here. We aimed to determine how REDD+ stakeholders envisioned the role of co-benefits within the financing of REDD+, and if further efforts to quantify and sell them could bear meaningful results for the future of the mechanism. Splitting the REDD+ community into two distinct categories – practitioners (those who design, implement, and monitor REDD+ projects) and investors (both those who purchase REDD+ credits and those who invest in REDD+ projects) – we held more than twenty interviews to determine the answer to the above question. We found that, though co-benefits were considered an important – even indispensable – part of REDD+ success, few practitioners or investors were interested in their further quantification or expected that voluntary REDD+ could be sustained based on such action. That said, many current and potential investors offered insight into how the business case for REDD+ could be better articulated in order to attract more investment. Also, in speaking with practitioners, we identified ways that the mechanism could be better integrated with other contemporary environmental efforts, including biodiversity offsetting and water funds, offering what we believe could represent partial solutions to the REDD+ demand shortfall

A Survey on Economic-driven Evaluations of Information Technology

The economic-driven evaluation of information technology (IT) has become an important instrument in the management of IT projects. Numerous approaches have been developed to quantify the costs of an IT investment and its assumed profit, to evaluate its impact on business process performance, and to analyze the role of IT regarding the achievement of enterprise objectives. This paper discusses approaches for evaluating IT from an economic-driven perspective. Our comparison is based on a framework distinguishing between classification criteria and evaluation criteria. The former allow for the categorization of evaluation approaches based on their similarities and differences. The latter, by contrast, represent attributes that allow to evaluate the discussed approaches. Finally, we give an example of a typical economic-driven IT evaluation

Greenhouse Gas Reduction Opportunities for Local Governments: A Quantification and Prioritization Framework

Local governments have steadily increased their initiative to address global climate change, and many present their proposed strategies through climate action plans (CAPs). This study conducts a literature review on current local approaches to greenhouse gas (GHG) reduction strategies by assessing CAPs in California and presents common strategies in the transportation sector along with useful tools. One identified limitation of many CAPs is the omission of quantitative economic cost and emissions data for decision-making on the basis of cost-effectiveness. Therefore, this study proposes a framework for comparing strategies based on their life cycle emissions mitigation potential and costs. The results data can be presented in a marginal abatement cost curve (MACC) to allow for side-by-side comparison of considered strategies. Researchers partnered with Yolo and Unincorporated Los Angeles Counties to analyze 7 strategies in the transportation and energy sectors (five and two, respectively). A MACC was subsequently developed for each county. Applying the life cycle approach revealed strategies that had net cost savings over their life cycle, indicating there are opportunities for reducing emissions and costs. The MACC also revealed that some emissions reduction strategies in fact increased emissions on a life cycle basis. Applying the MACC framework to two case study jurisdictions illustrated both the feasibility and challenges of including quantitative analysis in their decision-making process. An additional barrier to using the MACC framework in the context of CAPs, is the mismatch between a life cycle and annual accounting basis for GHG emissions. Future work could explore more efficient data collection, alternative scopes of emissions for reporting, and environmental justice concerns.View the NCST Project Webpag

Four temptations against urban renewel: an approach to fur current urban processes

Comunicación presentada en 25 European Network housing Research International Conference. Tarragona 19 al 22 junio 2013The new paradigm of urban social and economic rehabilitation is replacing the current sprawl growth model. But four temptations must be considered: 1) The high-density. This process is possible in sprawl model, but its quantification does not seem to be clear, because after a certain threshold of occupancy per unit area, the city seems to collapse and social and environmental benefits disappear, appearing reversal processes city to country in search of a minimum quality of life standards. There is not a model for appropriate density. It depends on the way of life of population, the traditional city model. 2) The replacement. Architectonic and urban rehabilitation must be preferred to replacement, except for certain cases to be legally taxed. But as the city cannot be densified and orderly, without the prior replacement of the building, may fit this temptation. Even replacing the building can be made without considering high building standards 3) The gentrification. There is a wide doctrine and experience about this phenomenon with serious social consequences. It is very tempting to replace the building, due to improve requirement of broad levels of quality, entering a game of speculation, so common in our real estate market. 4) The eco-city. Comprehensive projects are building spaces with low levels of energy consumption. Fall into this temptation means to continue the extensive city model we have been developing, creating new cities far from the existing but incorporating saving measures, and continuing resource consumptio