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riverwatchStrategic Project AssessmentThe generation of corporate strategic initiatives is generally determined by organizational values and competitive conditions. When specific projects are assigned to support a strategic initiative, the guidance offered to the project teams is usually little more than a timeline for the project to begin execution and a general statement of how the project is to support the initiative. Specific guidelines for Facilitating and Sustaining operations are not usually not indicated. Input from Engineering and Operations consists of current and near-term capabilities. The operational value of the Benefit Period of the initiative is not examined. This approach to strategic projects fails to address some key questions. Can the desired outcome be reasonably expected from the facilitating and sustaining operations allowed by assigned authorities, budgets and personnel? Are the opportunity costs appropriate for the Benefit Period of the initiative? Are the projects that support the initiative designed to create a Sunset Signal to indicate that the useful return on project resources is coming to an end? The RiverWatch assessment examines the consistency of the strategic project with regard to purpose, facilitating capabilities and constraints; and sustaining capabilities and constraints. Resources and opportunity costs are carefully analyzed. The assessment also evaluates the effect of time on the strategic initiative. Your strategic project teams benefit from RiverWatch training because they are prepared to define a strategic project that is scaled to balance resources, constraints and opportunity costs for the Benefit Period of the strategic initiative; and to generate a signal to indicate that the project needs to be revamped or replaced. Program Objectives This program teaches participants to align a strategic project purpose with the facilitating and sustaining operations necessary for its successful execution. Program Results
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