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CP3 and Prioritisation

20 June 2023

Prioritisation is a crucial decision-making tool in every aspect of life, whether it’s going on a road trip or running a municipality. In business and local government, the limited resources and mandate make prioritisation an essential process to achieve a common goal. It helps organizations to use their time and resources wisely, and with the right approach, it can make the complex consideration process effortless.

The Constitution of South Africa emphasizes using the available resources towards a common goal, and the Integrated Development Plan (IDP) has legal status embedded in the constitution. Prioritization is also a fundamental process in the complex history of legislation concerning Budgeting and Planning. The point at which Budget reforms and planning legislation converge, brings about the process of prioritization.

To ensure that the prioritisation process is effective, it needs to be participative, transparent, and adaptable. Participative means that it should involve collaboration and decision-making with all stakeholders. Transparency gives comfort that the approach is not a black-box solution, and adaptability ensures that the process responds to the changing environment.

Prioritisation should be approached in a multi-dimensional manner to consider all perspectives. The CP3 prioritisation module helps to configure a multi-criteria framework, structured in a logical manner using the modified PESTLE method (PESTFE method), which scores a project against different perspectives. The model relies heavily on the input data captured on the system, which uses multiple tools to interpret the data, allowing for evidence-based planning.

The CP3 prioritisation model is customizable to reflect the specific and bespoke priorities of your municipality. It uses the PESTFE method to score projects on different dimensions. As an output, CP3 ranks projects based on scoring across this multi-criteria framework, both spatially and non-spatially. CP3 makes prioritization an effortless process, enabling municipalities to allocate their resources effectively to achieve their goals.

If you’re involved in decision-making for your municipality and you wish to ensure that you’re using your resources wisely, then consider using CP3’s prioritization module as one of the steps in becoming a smart municipality. With its multi-criteria framework and evidence-based planning approach, you can make complex consideration processes effortless and transparent. So why wait?! See how it can help you allocate your resources more effectively?

#Novus3 #AdvisoryServices #CP3 #Budgets #SoftwareSolutions #PeopleOrientated #LetsMakeADifference #CEF #Capex #ValueAdd #CP3Modules #CP3Functions

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Capital investment prioritisation

Novus3’s innovative and celebrated approach to prioritsation, stems from significant multi-disciplinary experience that was gained in-situ at local government level, firmly rooted in an understanding of the built environment. Through the use of the CP3 system, our clients have the ability to appraise large and complex capital demand requirements within minutes, resulting in defendable, evidence based budgets. The results are often challenged and stress tested by politicians during political debates – the process therefore repeatedly have been proven to be beyond reproach and consistently reliable.

IDP Process Plan and change management

Novus3 provides advisory services to our clients, supporting them in setting up the correct structures and mechanisms internally which becomes the basis for sustainable and collaborative planning and implementation. The IDP process plan has a number of inter-related complexities that plays out on a cyclic basis year-on-year. Pre-empting and reacting to upcoming requirements in the IDP process pro-actively, renders the process into a constructive and demonstratable outcomes-based process.

Public sector budget and fiscal impact simulation

The financial management of public sector funding at local government level, even on a small scale, often rivals the complexity encountered at huge, listed, multi-national companies in the private sector.. Local governments have to operate and make smart financial decisions within a complex and exceedingly stressful environment. Compliance with legislation, policy frameworks and accepted accounting practices have to be maintained. Simulating these complexities allows our financial executives to ask “What if?” questions and reliably peer into the future with a long-term understanding of the implications of decisions that are taken in the present.

Spatial Development Frameworks

Novus3’s specialised knowledge and access to bespoke and purpose-made spatial and other analytic tools, provided the company with the opportunity to develop unparalleled experience in the development of Capital Expenditure Frameworks (CEFs) by bringing a practical angle to the formulation of implementation plans. A realistic roadmap is provided on how to realise the objectives developed in the Spatial Development Frameworks of the municipalities where we were involved. In return for the development and submission of these CEFs, these municipalities were awarded with significant additional funding from central government.

Built Environment Performance Plans

As part of the National Treasury City Support Program, Novus3 was regarded as specialist advisors on the built environment value chain – a process embedded in Built Environment Performance Plans (BEPPs). BEPPs were intended to form the bedrock of municipal capital planning and management for larger cities (metros). Novus3’s specialist knowledge played a big role from an advisory and capacity building perspective during the development of a number of BEPPs that were developed for a number of metros.

Infrastructure Capital Investment Plans

Infrastructure investment has to find a balance between addressing historical backlogs and inequalities, maintaining satisfactory prevailing functionality and level of service and strategically investing in unlocking future opportunities and growth whilst acknowledging a plethora regulatory constraints, policies and rules. In the process, certain strategic outcomes are sought which may manifest spatially strategically or environmentally. Our infrastructure capital investment plans provide the strategic guideline and provide the recommendations to find this balance.

Capital Expenditure Frameworks

Novus3 has developed multiple capital expenditure frameworks (CEFs) for multiple municipal clients and are regarded as the sector leaders in this area. These CEFs are financial roadmaps providing clear direction on financial constraints, the most important capital and investment priorities, an understanding of the unique local fundamentals and a sustainable response to these multiplicity of challenges.

Project preparation processes

The efficient planning and execution of projects from the moment of idea conception until the last brick has been laid has been the subject of study from as early as the reign of the Roman Empire. The governance process within the public sector has to play an important role in the journey of project preparation. The under-expenditure of allocated funding regrettably is often the only element in the built-environment that consistently re-occurs. All too often, funding is allocated to projects that simply are not ready to proceed to the next step. Novus3’s CP3 system is used to aid clients in the progressive steps involved in the project preparation journey.