Prioritizing Capital Improvement Projects

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Prioritizing Capital Improvement Projects
WPPA Facilities Engineering SeminarAugust 7,
2008
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CIP Priorities and Categories

• Project Categories
• Project Priority
• Strategic Plan Goals

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Project Categories

• 1 Regulatory Requirements HS issue
  Commission mandates
• 2 Net Revenue of 10
• 3 Productivity Enhancement
• 4 Comp Plan HS improvement facility or
  equipment upgrades
• 5 Amenities with no new revenue

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Project Priority

• 1 High Need to Do
• 2 Medium Should Do
• 3 Low Nice to Do

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Strategic Plan Goals

• 1 Ensure Sustainable Performance
• 2 Manage Marine Terminals
• 3 Complete Development Projects
• 4 Manage Marina
• 5 Enhance Community Outreach
• 6 Environmental Stewardship
• 7 Ensure Appropriate Public Access

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Examples
Pier 3 Pile Repairs

• Category 1
• Priority 1
• Strategic Plan Goal 2

S. Marina Asphalt Repairs

• Category 4
• Priority 2
• Strategic Plan Goal 4

Port Gardner Wharf Redevelopment

• Category 2
• Priority 1
• Strategic Plan Goal 3

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Other Thoughts

• Commission or Staff Driven?
• Priorities Can Change
• Political
• Economics / Market
• Squeaky Wheels

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Thank you! Questions? Comments? e-mail
johnk_at_portofeverett.com