07-06-2013, 01:20 AM
nice find petree 
as a professional project manager, I would luv to take a peek under the hood of their EMCAPS project management methodology:
"(W)e have a diverse portfolio of more than 130 active development projects currently being progressed across the world. As shown in the left-hand bar, new projects pass through a disciplined, gated development process from initial planning all the way through startup. Our proprietary Project Management System, EMCAPS, helps mitigate execution and startup risks. Managing these project risks is a key part of our business, which often makes the difference between a successful project, which delivers greater economic value from a resource, and an unsuccessful project, which erodes the value of the resource.
The project execution success achieved by ExxonMobil is, in large part, due to the disciplined use of EMCAPS in conjunction with ExxonMobil's global functional organization, which continues to deliver industry-leading project execution performance. When we benchmark our results against other projects where we hold a nonoperating interest over the last five years, ExxonMobil has delivered operated projects within 6% of funding costs on average, while the projects operated by others averaged over 15% over funding costs."
https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=6&ved=0CGQQFjAF&url=http%3A%2F%2Fphx.corporate-ir.net%2FExternal.File%3Ft%3D1%26item%3DVHlwZT0yfFBhcmVudElEPTMzNjA1NjR8Q2hpbGRJRD0zOTY5Mzk%3D&ei=3eDWUezjFo7b4AOchoGgAQ&usg=AFQjCNEApIGVypdlp8AXCYWXYIJRQwelEg&bvm=bv.48705608,d.dmg&cad=rja
Having XOM as an operator reduces risk of cost blowouts and on average provides a 9% lower cost project. That's enough extra kina to restock the Chart cold box out back before the SHU crowd hits town.
as a professional project manager, I would luv to take a peek under the hood of their EMCAPS project management methodology:"(W)e have a diverse portfolio of more than 130 active development projects currently being progressed across the world. As shown in the left-hand bar, new projects pass through a disciplined, gated development process from initial planning all the way through startup. Our proprietary Project Management System, EMCAPS, helps mitigate execution and startup risks. Managing these project risks is a key part of our business, which often makes the difference between a successful project, which delivers greater economic value from a resource, and an unsuccessful project, which erodes the value of the resource.
The project execution success achieved by ExxonMobil is, in large part, due to the disciplined use of EMCAPS in conjunction with ExxonMobil's global functional organization, which continues to deliver industry-leading project execution performance. When we benchmark our results against other projects where we hold a nonoperating interest over the last five years, ExxonMobil has delivered operated projects within 6% of funding costs on average, while the projects operated by others averaged over 15% over funding costs."
https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=6&ved=0CGQQFjAF&url=http%3A%2F%2Fphx.corporate-ir.net%2FExternal.File%3Ft%3D1%26item%3DVHlwZT0yfFBhcmVudElEPTMzNjA1NjR8Q2hpbGRJRD0zOTY5Mzk%3D&ei=3eDWUezjFo7b4AOchoGgAQ&usg=AFQjCNEApIGVypdlp8AXCYWXYIJRQwelEg&bvm=bv.48705608,d.dmg&cad=rja
Having XOM as an operator reduces risk of cost blowouts and on average provides a 9% lower cost project. That's enough extra kina to restock the Chart cold box out back before the SHU crowd hits town.