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Assess projects automatically for their return on social investment
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IanLawrence/InnovationManagement
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Portfolio Management Application ------------------------------ "When you can measure what you are speaking about, and express it in numbers, you know something about it; but when you cannot express it in numbers, your knowledge is of a meager and unsatisfactory kind; it may be the beginning of knowledge, but you have scarcely in your thoughts advanced to the state of science." —William Thomson **Released by Ian Lawrence, [email protected] 08 July 2009.** To quickly see how it works make a database called innova and change the media path in BDTools/urls.py to whatever core/media is on the checkout. Then python manage.py syncdb python namage.py runserver In production set LOCAL_DEV to false in settings.py and set up a proper server (mod_apache, wsgi etc) - Copyright as per individual files *==========================* It is a commonly accepted fact in business that social projects bring some tangible benefits to an organization. Unfortunately, even if the project is very successful this often does not impact directly on the financial bottom line. And, in a world of razor-thin margins, a set of activities that drive up corporate cost without any directly identifiable return is a tough sell, no matter how worthwhile and noble the project might be. The business case for social projects is therefore contingent on finding a suitable method for valuation — one that allows managers to understand the implications of an indirect benefit and then make 'intelligent' decisions about which projects to choose and the most feasible level of resources to commit So how should we deal with the problem of measuring the value of a social project? This work starts from the premise that the value of a social project actually is measurable and that the reason it seems difficult is caused by a misunderstanding of what is actually being measured. Terms like goodwill or strategic alignment only seem to be immeasurable because they are ambiguously defined. This work will attempt to remove this type ambiguity by focusing on definitions that can be expressed in units of measurement. Once this is done a range of economic implements can then be used as tools in the decision making process. Questions when submitting new projects Is value added to <company> consumers? What are the benefits to <company> Partners or Governments? Describe the problems the project addresses and/or the general field of technology being explored? What are the final deliverables and what is innovative in your project? What are the knowledge-creation and knowledge-combination aspects of the project. Justify the strategy alignment of the application. Indicate key strategy elements to which the project contributes What is the proposed projects contribution to competency building? Does the proposed projects resulting technology or solution open new, significant markets for <company> consumers? Does the proposed projects resulting technology or solution have potential to leverage <company> competitive position? The resulting solution or technology has a span of possible applications which is...? Is the technology/solution appropriate for <company> ?. Why? What are the biggest project blockers from a technological perspective? Please estimate the resources needed (in a high level overview) for the development of your idea (Things like headcount, equipment, hardware etc) The Names of the people involved in this project. Their innovation area, technology speciality or stream manager Questions wnen evaluating projects What is the quality of information presented.? How much does this project align with <company> strategy? What is the probability that the project will build competencies? The project opens new, significant markets for <company> customers (What is the potential for market and revenue creation?) What is the project's capacity to leverage <company> competitive position (Impact on competition) If the project is approved what is the span of possible applications that the resulting product might be applied to? Are there any IPR implications? What is the technological feasibility of the project? Assuming the project is implemented the set up costs of it are likely to be? What are the technological risks? Command Line Examples ./juiz.py 0.045 -1250 1600 1600 1600 1600 1600 1600 1600 1250 ---------------------------------------------------------------------- year 0 1 2 3 4 5 6 7 cashflow -1,250 1,600 1,600 1,600 1,600 1,600 1,600 1,600 Discount Rate: 4.5% Remaining Expenses: 1250.0 IRR: 127.60% NPV: 8,178 IE: 6.5426572037 ==> Approve this opportunity which has a one time fixed cost of 1,250 ---------------------------------------------------------------------- Another example -> ./juiz.py 0.045 -424800 -424800 216350.42 461533.74 730474.13 1078688.03 1054474.13 1640668.03 1299600 ---------------------------------------------------------------------- year 0 1 2 3 4 5 6 7 cashflow -424,800 -424,800 216,350 461,533 730,474 1,078,688 1,054,474 1,640,668 Discount Rate: 4.5% Remaining Expenses: 1299600.0 IRR: 19.52% NPV: 3,264,729 IE: 2.51210317527 ==> Approve this opportunity which has a one time fixed cost of 424,800 ----------------------------------------------------------------------
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