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Performance Management for the Oil, Gas, and Process Industries
A Systems Approach
This practical guide provides a systems approach to assuring sustainable business and operational improvements in the oil, gas, and process industries
Robert Bruce Hey (Author)
9780128104460, Elsevier Science
Paperback, published 10 April 2017
740 pages, 374 illustrations (170 in full color)
23.4 x 19 x 4.5 cm, 1.5 kg
Performance Management for the Oil, Gas, and Process Industries: A Systems Approach is a practical guide on the business cycle and techniques to undertake step, episodic, and breakthrough improvement in performance to optimize operating costs. Like many industries, the oil, gas, and process industries are coming under increasing pressure to cut costs due to ongoing construction of larger, more integrated units, as well as the application of increasingly stringent environmental policies. Focusing on the ‘value adder’ or ‘revenue generator’ core system and the company direction statement, this book describes a systems approach which assures significant sustainable improvements in the business and operational performance specific to the oil, gas, and process industries. The book will enable the reader to: utilize best practice principles of good governance for long term performance enhancement; identify the most significant performance indicators for overall business improvement; apply strategies to ensure that targets are met in agreed upon time frames.
1. What is Performance Management? Part 1. Systems2. The Business Unit3. Models4. Management Systems Determination and Requirements5. The Business Cycle6. Business Process Management Part 2. Governance and Performance7. What Are the Principles of Good Governance?8. Governance Framework9. How Does Governance Affect Performance?10. Alignment Part 3. Risk and Performance11. Risk Management12. Risk Control Mechanisms13. Merging Performance and Risk14. Incident Preparedness and Operational (Business) Continuity Management Part 4. Performance Indicator Selection15. Performance Focus16. Key Performance Indicator Selection Guidelines17. Relationships Part 5. Asset Performance Management18. Types of Assets and Applicable Standards19. Information20. Human Capital21. Finance22. Physical Assets23. Turnarounds Part 6. Benchmarking24. The Benchmarking Process and Consultant Selection25. Common Denominators and Indices Used in Benchmarking26. Benchmarking Data Verification27. Using Benchmarking Results Part 7. Assessment, Strategies, and Reporting28. Assessment Overview29. Identification, Analysis, and Evaluation of Gaps30. Strategies and Actions31. Reporting Part 8. Business Oversight32. Business Relationships33. The Opportunity Lifecycle34. Roles and Responsibilities35. Management Review Part 9. Oil and Gas Issues36. Hydrocarbon Accounting37. Fuel Oil Refineries38. Gas Plants Part 10. Conclusion39. Alignment to Achieve Recognition for Excellence
Subject Areas: Gas technology [THFG], Fossil fuel technologies [THF], Technical design [TBD]
