Critical Success Factors: Decision Framing 5. Make the Decision
Quantitative Factors:
- Project 16 portfolio value is $250MM in a 5.5B portfolio, +
- Project 16 reduces risk for all portfolio values, +
- Project 16 improves probability of meeting near-term NCF and Net Income targets, BUT
- Project 16 guarantees failure to meet near term capital target,
- Project 16 inclusion reduces probability of meeting mid- and long-term reserves and production targets.
Subjective Factors:
- Project 16 requires we maintain operations in an area we do not currently operate in, +
- Project 16 has no opportunity for expansion.