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Best-Value Source Selection Demo

Best-Value Source Selection Demo. John R. Sammarco, PMP Managing Partner Definitive Business Solutions, LLC “Driving Performance and Compliance" 11921 Freedom Drive Two Fountain Square, Suite 550 Reston, VA 20190 (703) 626-0221 (Cell)

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Best-Value Source Selection Demo

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  1. Best-ValueSource Selection Demo John R. Sammarco, PMPManaging PartnerDefinitive Business Solutions, LLC“Driving Performance and Compliance"11921 Freedom DriveTwo Fountain Square, Suite 550 Reston, VA 20190(703) 626-0221 (Cell) (703) 757-7276 (Office)(703) 757-6777 (Fax)JSammarco@DefinitiveLLC.com www.DefinitiveLLC.com April 20th, 2005

  2. Topics • Introductions • John Sammarco, Performance Management Expert • Daniel Saaty, Decision Support Expert • About Us • Client Successes • Analytical Hierarchy Process (AHP) • “Best Value” Selection Process • Demonstration • Open Discussion

  3. Company Profiles • Definitive Business Solutions, LLC Definitive Business Solutions (DBS) helps clients drive performance and compliance by delivering proven and integrated solutions for selecting and managing project investments. In addition to their hallmark solution Integrated Portfolio Management (IPM), DBS offers SMARTopics™, a web-based governance system for improving performance and compliance. DBS is a privately held company headquartered in Reston, Virginia. For more information on Definitive Business Solutions, please visit www.DefinitiveLLC.com • Decision Lens, Inc. Decision Lens, a Falls Church, Virginia based company focused on developing and implementing next-generation prioritization methodologies, has the most advanced methods for supporting critical decisions. Founded in 2004, Decision Lens’s solutions are based on cutting-edge technology designed to facilitate organizations in structuring group decisions and setting priorities.  For more information on Decision Lens, Inc. please visit www.DecisionLens.com

  4. About Us We help clients driveperformance and compliance. We deliver proven and integrated solutions for strategically aligning, selecting, and managing project investments.

  5. Governance System PortfolioAnalysis & Selection Pipeline Management Performance Management Resource Management & Risk Management (Enabler) Program Management & Project Management (Enabler) Business Case Analysis (Enabler) About Us DBS offers an integrated set of processes, methods, and toolsthat help enterprises select and manage portfoliosto improve performance Integrated Portfolio Management

  6. Client Successes

  7. Analytical Hierarchy Process (AHP) • Developed by Dr. Thomas Saaty over 20 years ago. • A highly regarded and widely used decision support process • Government • 27+ Federal Agencies • $120B+ allocated annually • Commercial • 7,000+ Corporations • 33% of Fortune 500 • Academic • 100+ Universities • 60+ MBA Programs • 1000+ Articles • 100+ Dissertations Selection Goal Selection Criteria Factor 1 Factor 2 Factor 3 Sub-Criteria and Rating Scales Sub-Factor Sub-Factor Sub-Factor Rating Scale Rating Scale Rating Scale Sub-Factor Sub-Factor Sub-Factor Using a process called“Pairwise Comparisons”, each Factor and Sub-factor is weighted by its relative importance to the Selection Goal. Rating Scale Rating Scale Rating Scale Illustrative

  8. Rating Scale (Sample)

  9. Best-Value Selection Process Form SourceSelectionEvaluationBoard DevelopStatement Of Work (SOW) DevelopProposal Evaluation Criteria Review & Assess Proposals Conduct Sensitivity Analysis Make Best-Value Selection JustifyandDocumentDecision

  10. Best-Value Selection Process Form SourceSelectionEvaluationBoard DevelopStatement Of Work (SOW) DevelopProposal Evaluation Criteria Review & Assess Proposals Conduct Sensitivity Analysis Make Best-Value Selection JustifyandDocumentDecision Define Evaluation Criteria Consensus Prioritize Criteria (Pairwise Comparisons) InputSOW Selection Criteria Brainstorming Build EvaluationModel Factors Sub-Factors Rating Scales ConductInconsistency Analysis Evaluation Criteria For Inclusion into the RFP

  11. Best-Value Selection Process Form SourceSelectionEvaluationBoard DevelopStatement Of Work (SOW) DevelopProposal Evaluation Criteria Review & Assess Proposals Conduct Sensitivity Analysis Make Best-Value Selection JustifyandDocumentDecision RFP Released and Proposals Received

  12. Best-Value Selection Process Form SourceSelectionEvaluationBoard DevelopStatement Of Work (SOW) DevelopProposal Evaluation Criteria Review & Assess Proposals Conduct Sensitivity Analysis Make Best-Value Selection JustifyandDocumentDecision Conduct IndividualProposal Evaluations Consensus DispositionComments Strengths Weaknesses Deficiencies Clarifications Factor Score Justifications QuickRead of Proposals Sub-Factors Strengths Weaknesses Deficiencies Clarifications Factors Factor Score Consensus Evaluation Report (CER) for all Factors/Sub-Factors

  13. Demonstration

  14. Brainstorm Selection Criteria

  15. Build Evaluation Model

  16. Identify Participants

  17. Prioritize Criteria

  18. Review Criteria Weighting

  19. Conduct Inconsistency Analysis

  20. Identify Vendors (Offerors)

  21. Score Proposals & Build Consensus

  22. Review Scoring Results

  23. Conduct Sensitivity Analysis

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