Allocation Strategies for Lower Colorado Dams Network

400-600 words

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You will be assigned a resource allocation strategy early this week to craft a united response to the questions below. Prepare a miniature brief that describes your assigned resource allocation strategy, and develop an illustration to aid in your explanation.

Refer to the Lower Colorado Dams Network as the network to which you will allocate your resources using the model you were assigned last week. You have $30 million to allocate to the Lower Colorado Dams Network.

Using the allocation model assigned to your small group last week, each group should present its strategy for how these dollars would be apportioned. Be true to the allocation strategy’s concept, and answer the following questions:

• What specific monies will you assign to which assets, links, network components, or sector elements? Explain how your allocation model guided your decisions.
• What strengths does your allocation model have to allocating resources to this network? Be comprehensive and specific in your answer.
• What shortcomings or detriments does your allocation model reveal for allocating resources to this network? Be comprehensive and specific in your answer.
• Provide 2–3 modifications to this model that would enhance it for allocating resources to this network. If you believe this model is ideal and no modifications are necessary, explain why you believe this.

Respond to Another Student: Review at least 1 other student's Key Assignment Outline and provide meaningful feedback. Refrain from general feedback, such as simply stating "good job." Your feedback to other students is most helpful if you not only point out weak areas but also offer suggestions for improvement. The best feedback takes a three-stage approach to identify what was done well, weaknesses, and areas for improvement.