In our method, the basis for achieving TQ performance in the next NAPTA’s PDP® Phase is laid in the current PDP® Phase, and consistent with the change in activities from phase to phase. It is also the focus on Performance Indicators (Metrics) changes from phase to phase.
Benchmarking
The Objectives of TQ for Capital Projects is to improve project performance through a sustained approach of competitive target setting paired with internal and external benchmarking, aimed at delivering projects that have Top Quartile performance for its most important strategic driver (unit cost, schedule, or hydrocarbon recovery), competitiveness on secondary project drivers/metrics in line with industry average (2nd or 3rd Quartile), and no 4th Quartile outcome for any metric.
TQ for Capital E&P Projects encompasses the principles and methodology for applying the TQ Framework on Upstream capital projects and measures the ‘quality’ of projects (i.e. competitiveness) as an enabler for delivering sustained TQ performance against defined measures and metrics.
For more information please contact NAPTA International B.V.
