Eight steps to optimize your strategic assets

This paper describes an eight-step process to implement portfolio management for a single power station during its operational, revenue-generating life-cycle phase. This paper also discusses how portfolio management creates additional value, from your generation, transmission, and distribution assets. Portfolio management currently offers the best opportunity for these managers and their companies to grow the return on these strategic assets. Organizations may obtain up to a 20% increase in the return on capital employed and substantial improvements in softer benefits, such as improved collaboration, faster decision making, and reduced administrative effort. However, the success of this new approach, and the value you can obtain for your own plant or network, depends heavily on strong leadership and a well thought out, systematic approach to implementation.