An Alliance members would like to have information on developing a cost benefit algorithm for our investment fund program plus how to quantify direct and indirect costs. We would like to have a tool that would help with decision making on selecting what projects to invest our funds for innovative projects in the County. We’ve been using cost benefits such as cost savings, cost avoidance, and revenue generation but we need something that will help us project out several years on the benefits each project would generate.
Your thoughts, ideas, suggestions or copies of resources you’re using would be very helpful and appreciated.
Western Regional Director
Alliance for Innovation