18 PM NETWORK FEBRUARY 2017 WWW.PMI.ORG
In a time of cheap oil and gas, energy organizations must optimize capital projects to secure profits.
By Kelsey O'Connor
AN UNCERTAIN FUTURE
Energy organizations must work to improve capital efficiency—
meaning the ROI on capital investments—by zeroing in on strategic goals and
tightening project controls.
of energy leaders see capital efficiency as a
of energy organizations believe poor project controls
affect their ability to drive capital efficiency.
have implemented both cost reduction and capital
allocation efforts to use capital more effectively.
have tried stronger capital project controls to drive
returns on capital.
Estimated value of projects deferred or canceled in the gas and oil sector since prices collapsed in 2014
Climate change and
Shift in economic
Five big trends shape the sector:
123 4 5