Maximizing Return On Capital Projects

With today?s turbulent markets and unprecedented global opportunities, the need to optimize net present value and internal rates of return from capital investments has never been greater. To help address the need, this paper presents an overview of the key processes and strategies for achieving maximum return from capital projects. Best practices discussed address stage gate management for project evaluation, selection, and oversight, project execution efficiency, value improving practices, operational readiness, and operational excellence. The paper also includes a model of key metrics and benchmarking with tips for application. [ ]