Electricity companies world-wide are
driving to reduce costs whilst continuing to improve
their operating performance. The business and regulatory
drivers are different in each country. However what
is common is that a robust approach is needed for decision
making since the results will live with them for many
years. In fact without such an approach it is almost
impossible to reach what is being called the efficient
frontier.
It has become apparent that a balance
of business, engineering skills and experience is needed
to prioritise investments and make the optimum use of
capital and operating budgets. Such investments will
be disclosed through asset management plans targeted
at improved network and customer service which will
be open to public scrutiny.
Business Evaluation and Analysis Methodology
