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Sensible, structured approach to resource allocation
The Project Prioritization System is a powerful decision-making tool designed to help electric utilities allocate scarce budgets among competing projects. This software allows you to define project value, specify how values compare, and rank projects according to these measures. Ultimately, the Project Prioritization System enables utilities to maximize the total value of capital and O&M budgets.
- Quantify the value of projects as different as reliability, new capacity, infrastructure replacement, and voltage correction
- Create a comprehensive definition of project value according to your own criteria
- Use powerful analytical tools to assess the risks of deferring projects and reduce risk in the project portfolio
- Set a level playing field for all projects and resolve differences of opinion rationally
- Integrate prioritization with existing business practices
- Developed by the Electric Power Research Institute, the Project Prioritization System is offered by Powel under license
Developed in path-breaking research by the Electric Power Research Institute, P2 is offered by Powel under license.
Learn More
Download a Powel® Project Prioritization fact sheet.
Visit the Electric Power Research Institute (EPRI) home page for more information about the development of this solution.
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