PROJECT VALUATION SCORECARD

As the business case stage nears completion, Xcel Energy Business Systems (IT) performs an independent evaluation before a decision on full funding is made. Each case is evaluated in three areas: project risk, business risk, and financial return. A "perfect" project would score 100, but in practice this is unattainable (example, Exhibit G). The score achieved represents a comparative assessment against the ideal. This is used to demonstrate that risks and return have been carefully evaluated, and is intended to provide a general "yardstick" on the project's chances of success at this point. It's important to remember that all approved projects at Xcel Energy are critical and intended to be successful, so this scorecard is more a metric of how much oversight will be required to ensure the project is successful.

BCS DASHBOARD[]

[] Note: displays estimated business case value against total possible for the candidate project shown in Exhibit H.

Source: Copyright © Xcel Energy, Inc.

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