Strategy Overview
Objective: Learn what a Strategy is and why they are used in Brightly Predictor
Strategies are essentially user defined 'what-if' scenarios. They allow users to analyse multiple financial strategies and select the best strategy for optimal asset portfolio life-cycle performance (both financial and service potential). Capital treatment, maintenance and operational costs are part of the financial strategies that have a significant effect on the service delivery potential of the asset portfolio.
For example, logical decisions can be made if you have the answers to questions like:
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What will happen to the future service potential of our assets if we spend a million dollars per year in Capital Works and what would happen if we doubled our budgets?
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What would happen if we halved our budgets for the next five years?
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What would happen if we injected one-off temporary capital funding for the next three years? How would the maintenance budget be affected by each of these scenarios?
Strategies in Predictor provide the user with a range of options to develop, analyse and refine comprehensive financial scenarios.
