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AESO Business Priorities and Business Plan Development Process

AESO Business Priorities and Business Plan Development Process. Process Overview. Wayne St. Amour VP Corporate Services Budget Review Committee August 28, 2007. Why Process Has Been Developed.

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AESO Business Priorities and Business Plan Development Process

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  1. AESO Business Priorities and Business Plan Development Process Process Overview Wayne St. Amour VP Corporate Services Budget Review Committee August 28, 2007

  2. Why Process Has Been Developed • To strike a balance with projects, activities and resources since work requests exceed the organization capacity for implementation. • Limited availability of resources - human and funds. • Need to select work and projects that are best aligned with corporate strategies (best value).

  3. Balancing Factors • Requirement to balance the factors that influence the evaluation and selection process. Some factors are: • Legislated mandate • Availability of funds • Availability of people • Organization readiness for change • Organization maturity

  4. Process Steps • Used an iterative approach to process definition, selection and evaluation criteria. • Developed templates to gather initial data. • Identified 3 groups of Business Priorities • Group 1: Carry over from 2007 • Group 2: Mandated Business Priorities • Group 3: Discretionary Business Priorities • Identified 2-tier evaluation and selection drivers for discretionary Business Priorities: • Tier 1: Direct contribution to AESO Strategies • Tier 2: Contribution to Business Benefits

  5. Process Objectives • Coordinate all Business Priorities through a common enterprise-wide process • Align Business Priorities with AESO strategies and plans • Align prioritization process with AESO financial and Business Planning processes • Ensure Transparency of process, decision making and results

  6. Process Overview • Iterative, highly participative with business units throughout AESO • Support to participants at the front end to ensure submissions consistency and quality • Transparent criteria • Linked with AESO financial processes • Linked with industry best practices Project Lifecycle stages

  7. Priority development Process overview Execute Initiate High Priority Work Business Units Initiate Prioritized Projects Develop Proposal Evaluate Proposals Prioritize Approve Priorities Process Support Team Cross Functional Evaluation Team Process Support Team VP’s Finance Executive Evaluation Criteria VP’s

  8. Status • Project and Work Initiative list is complete • Prioritization criteria being developed, however, conversation discussion is emerging as key activity • Prioritization meeting being planned for next week

  9. Next Steps • Convene prioritization meeting • Refine Project and Work Initiative listing and adjust budget – becomes basis for 2008-09 Business Plan and Priorities • Present details at September BRP session and have AESO Operations VP available to respond to questions

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