Development of a Project Capital Efficiency Scorecard: Strategic Business-project Alignment in Downstream and Chemicals Projects

This report recounts how RT-DCC-07 developed a Project Capital Efficiency Scorecard that can assess an organization’s implementation of 28 management processes that affect project capital efficiency. The team identified and refined these management processes, then used surveys to identify their relative importance.

The scorecard produces an overall Project Capital Efficiency score but can also provide individual scores at the management process level to help business and project teams capture strengths and gaps in their collaborations. Organizations can use the scorecard to achieve strategic alignment between the business team and the project team, enabling them to develop competitive capital projects that optimize the return on investment.

The team presented its research findings at the 2021 CII-CURT Joint Conference in Orlando.