Transcription of Benchmarking Cost Savings & Cost Avoidance
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Benchmarking Cost Savings & Cost Avoidance
Benchmarking cost Savings & cost AvoidanceNASPO Benchmarking WORKGROUP Research BriefSeptember 2007 NASPO Benchmarking WORKGROUP Benchmarking cost Savings & cost Avoidance NASPO 201 East Main Street, Suite 1405 Lexington, KY 40507 (859) 514-9159 Table of 1 Background and Previous 2 Definitions and the Importance of Benchmarking .. 4 Models and Methodologies .. 7 cost Avoidance Model - Tier One .. 9 Mid-Range Model - Tier Two .. 15 Illinois Model - Tier Three .. 33 Benchmarking cost Savings & cost Avoidance 1 Introduction So they [the Government] go on in strange paradox, decided only to be undecided, resolved to be irresolute, adamant for drift, solid for fluidity, all-powerful to be impotent.
BENCHMARKING COST SAVINGS & COST AVOIDANCE 1 Introduction “So they [the Government] go on in strange paradox, decided only to be undecided, reso lved to be irresolute, adamant for drift, solid for fluidity, all-po werful to be impotent.” 1 ost savings and providing for cost reduction opportunities, or “cost avoidance,” are not new concepts.
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