APQC Process Classification Framework (PCF) - Petroleum Upstream - PDF Version 5.1.0

 

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Effective benchmarking requires common definitions and processes. Like a shared language, organizations need to make apples-to-apples comparisons to obtain accurate benchmarks and metrics. In 1992, APQC and its members developed the original Process Classification Framework (PCF)SM as a common language and open standard to allow organizations to see and discuss their activities from an industry-neutral viewpoint. This document is also available in an XLS version.

While cross-industry content is valuable, APQC recognizes that for some industries it is more difficult to apply, and nuances in processes may occur by industry. As a result, APQC is releasing industry-specific frameworks to enable faster, more relevant use and comparisons. IBM provided the subject matter expertise and intellectual property to develop and donate these industry PCFs in support of open standards. As of 2009, APQC has released a total of 11 industry-specific PCFs.

The Upstream Petroleum PCF restructures the original PCF taxonomy to include categories of processes relevant only to upstream petroleum organizations. Central to these changes are the enhanced categories: 2.0 "Acquire, Explore, and Appraise Hydrocarbon Assets," 3.0 "Develop and Deplete Hydrocarbon Assets," and 4.0 "Develop and Manage Upstream Petroleum-Related Technologies." APQC hosted a working group that received input from several organizations including Husky Energy, Chevron, and IBM. This working group reviewed the Upstream Petroleum PCF v5.0.3 and made recommendations for updates that were the basis for changes included in version 5.1.0.

The PCF is written in United States English language format.

Comments (2)

Alexandriamark, Thank you for

Alexandriamark,

Thank you for your comment. Yes, are releasing industry specific PCFs based upon the feedback we have received and the intricacies of certain industries. If you are interested, here is the link to the APQC main PCF page.

Thanks again.

APQC is releasing

APQC is releasing industry-specific frameworks to enable faster, more relevant use and comparisons. IBM provided the subject matter expertise and intellectual property to develop and donate these industry PCFs in support of open standards

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