Key Performance Indicators and Metrics for Capital Efficiency in the Downstream and Chemicals Sector
Publication No
FR-399
Type
Research & Development Product
Publication Date
Mar 01, 2023
Pages
62
Research Team
RT-399
DOCUMENT DETAILS
Abstract
Key Findings
Filters & Tags
Abstract
Key Findings
RT-399 developed a two-pronged process to measure capital efficiency by rating Capital Project Selection Effectiveness (CPSE) and determining Capital Project Efficiency (CPE). As the figure shows, the team established this process by defining CPSE and modifying RT-DCC-07's definition for CPE (FR-399, p. 7).
The figure illustrates the shortlisted KPIs and metrics. RT-399 identified seven KPIs and associated metrics. Various stakeholders can use these results to track the CPSE and CPE of their DCC capital projects (FR-399, p. 11).
The figure illustrates the Top 15 metrics for CPSE and CPE respectively. Final Report 399 illustrates the relevance of each KPI and its associated metrics from the perspective of various stakeholders (FR-399, p. v).
Filters & Tags
Knowledge Area
Best Practice
Project Phase
Project Function
Industry Group
Research Topic
Defining Capital Efficiency Metrics for Downstream and Chemicals (DCC) Projects
Keywords
Capital Efficiency,
Project Selection,
Performance Assessment,
Business Team,
Project Team,
Downstream and Chemicals,
DCC,
Oil and Gas,
KPI,
Metrics,
399
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