Course Outline
- Course Code: EG1
- Category: Energy
- Dates, Venues and Fees
- Feb 22 - Mar 05 I Washington DC | $6980
- Jun 28 - July 09 I Maryland | $6,980
- Oct 11 - Oct 22 | London | $6,700
- Duration: Two Weeks
Course Overview
This course explores how utilities can be benchmarked for efficiency. It examines the types of comparisons that are valid and invalid and, possibly leading to errors. It looks at the benefits, best practices, and pitfalls of benchmarking utilities.
Who Should Attend?
This course will greatly benefit:
- Regulatory Professionals
- Officers and Executives from Utility Organizations
- Officers from the Ministries of Finance
- Utility Engineers
- Policy Makers and Analysts
Course Outcome
Delegates will gain the knowledge and skills to:
- Understand why benchmarking is essential for improving the performance of energy organizations
- Analyze the implications of partial, limited or incorrect information
- Assess how information on trends in key performance indicators helps decision makers
- Understand how model specification and data outliners affect performance comparisons
- Identify the strengths and limitations of alternative quantitative methodologies and how to communicate results
Key Course Highlights
- Selecting Data
- Confidence in Performance Comparisons
- Alternative methodologies for Measuring Performance
- Utilizing Available Software: Statistical Analysis
- Review of statistical Analysis
- Benchmarking Studies: Engaging Stakeholders
- Using benchmarking results
- Performance Assessment and Performance Improvement
- Communicating results