Performance and learning in a simulation of oil industry dynamics

Article Abstract:

The ways to improve performance through online information feedback that clarifies for subjects the task structure of their decisions including cause and effect is studied, using a microworld simulator representing the global oil industry. The results shows that subject's mean performance, relative to a benchmark, was significantly higher in early trials for subjects who received task structure feedback

On-Line Information Services, Videotex & Teletext, Online services, Online information services, Simulation methods, Simulation, Information services, Online information service

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Exploring decision support and strategic project management in the oil and gas sector

Article Abstract:

An attempt is made to increase the manager's knowledge in decision making in strategic project management (SPM) as applied to the upstream oil and gas sector by identifying the important elements of the SPM process. The process is placed in a balanced scorecard performance framework relating them to techniques for managing SPM.

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Techniques to support successful strategic project management in the UK upstream oil and gas sector

Article Abstract:

The techniques used for strategic project management in United Kingdom's oil and gas industry are analyzed.

United Kingdom, Natural gas liquids, Oil & Gas Extraction, Oil and Gas Extraction, Technology application, Gas industry, Strategic planning (Business)

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