Financial Efficiency
Efficiency
Financial Score Mandays (per year)
Score
Blank 0 Blank 0
0 - 50 $ K 10 0-10 10
50$ K - 100 $ K 25 10-30 25
> 100 $ K 40 > 30 40
PRIOTIY
Score * Priority
0 - 50 Low
51 - 75 Medium
76 - 100 High
Financial parameter identifies how much Financial benefit department could have after implementing the
Efficiency Parameter identifies how much mandays could be saved in a year by implementing the project.
Control parameter to be selected if the project is related to contorl issues.
Few e.g. for Control are:
1. Project is an IDB/ Audit Observation
2. Implementing the project will have better control in process (the process was currently done manually)
* Sum of all the scores for 3 parameters (Financial, Efficiency & Control)
Priority is based on sum of all scores from 3 parameters (Financial, Efficiency & Control)
Values for every parameters needs to be selected against each project to derive the priority of respective
Control
Score
No 0
Yes 20
ve after implementing the respective project. Each project would get a Financial score based on the value selected
mplementing the project. Each project would get a Efficiency Score based on the value selected
s currently done manually)
the priority of respective project
the value selected
Projects
SID # QGMS # TYPE Issue description QGMS Issue
Manual, Long MDR approval
55 24 SID- QGMS Automate SAP Material
Discrepancy Report process
36 SID Freight Forwarders exact cost -
into Commercial evaluation.
6 QGMS Long time required for tendering
& estblishing an Agreement
Project Prioritization
Finanicial Efficiency Priority
Department Control (Cost Reduction (Man Days
By) Reduction By)
Warehouse Medium
Yes 50$ K - 100 $ K 0-10
Purchasing Low
No 50$ K - 100 $ K 0-10
Agreement High
Yes > 100 $ K 10-30
Implementation time
(Working Days)