The purpose of this presentation is to share the application of Value Methodology by the City of Calgary as a standard business practice to make effective infrastructure investment decisions.
The municipal services of the City of Calgary are delivered by 33 business units. Most of these services are delivered to the citizens include some type of infrastructure.
However, when it comes to investing in new infrastructure or upgrading existing infrastructure, a focus on effectiveness is critical in a fiscally constrained environment- mitigating service risks and gaining greater value from the committed investment. The concept of value to citizens was always there. However, there was limited or no structured approach to demonstrate rigour by multi-level stakeholders, for informed decision making, option selection and prioritization or for fostering a culture of innovation. For the longest period, the traditional approach of delivering municipal programs and projects was deemed suffice by various business units as a demonstration of value-added activity.
In this presentation, the presenter/s will draw from two recent case studies on how application of VM’s structured rigour, demonstrated value and resolved multi-stakeholder decision making in municipal infrastructure investments.