Understanding Stages in Capital Project Management
Updated: Dec 6, 2020
Capital projects are serious undertaking, they can cost over a billions of US dollars in capital investments. They are a major source of stable cashflow in the long-term for the companies; once they are successfully implemented. Benchmarking of capital projects measures to the industry standards is critical for the success of capital projects.
This 3-minute video is a summary, of how capital projects in oil & gas industry are managed; starting from the identification of opportunity through exploration (organic growth) or Mergers & Acquisition (inorganic growth), to all the way to operations and production.