No-argument budget allocations
Situation:
Competition for limited funds.Champions for projects.
Everything seems worthy.
Context:
Define the outcome you desire from the process.Example:
“Achieve fair and equitable dispersion of funding that stimulates greater productivity across all organizations.”Parameters for allocations:
Identify limits, guarantees, regulatory requirements.Factors for judging:
Create the framework for judgment.Define criteria or characteristics of an “ideal” project.
Examples:
- Project has significant ROI potential
- Reaches a new market or population
- Is meeting stated milestones
- Is staying within current budget
- Is a hallmark for the mission of the entire organization
- Secures a competitive advantage
- Improving our public image
With Dwaffler software, you determine, you quantify, the factors’ relative importance.
Dwaffler’s LogicWizardTM helps you to check for consistency in thinking.
Assessment:
Dwaffler combines your assessment scores with each weighted criterion.Parameters you set help drive starting points for allocation amounts.
Adjustments are still yours to make.
Communication of results:
The easy part.Support for the decision by all participants is strong.
Reports on each program are generated for areas of improvement.
Steps can be retraced, if necessary, for further explanation.
See recorded Dwaffler examples.
Contact Dwaffler to request a live demonstration
or for a no-cost preliminary discussion of your specific project.