Petroleum, petrochemical and natural gas industries- Life cycle costing
This Uganda Standard specifies requirements for and gives guidance on the application of life cycle costing to create value for the development activities and operations associated with drilling, exploitation, processing and transport of petroleum, petrochemical and natural gas resources. This document covers facilities and associated activities within different business categories (upstream, midstream, downstream and petrochemical). The life cycle costing process as described in this document is applicable when making decisions between competing options that are differentiated by cost and/or economic value. This document is not concerned with decision-making related to the economic performance of individual options or options differentiated by factors other than cost or economic value. Guidance is provided on the management methodology and application of life cycle costing in support of decision-making across life cycle phases. The extent of planning and management depends on the magnitude of the costs involved, the potential value that can be created and the life cycle phase. It also provides the means of identifying cost drivers and provides a cost-control framework for these cost drivers, allowing effective cost control and optimization over the entire life of an asset. (This standard cancels and replaces, US ISO 15663-1:2000 Petroleum and natural gas industries- Life cycle costing- Part 1: Methodology, US ISO 15663-2:2001 Petroleum and natural gas industries- Life-cycle costing- Part 2: Guidance on the application of the methodology and calculation methods and US ISO 15663-3:2001 Petroleum and natural gas industries- Life-cycle costing- Part 3: Implementation guidelines which have been technically revised). This standard was published on 15 June 2021.
Price | UGX 110,000/= |
---|---|
Category | SERVICES AND BUSINESS MANAGEMENT STANDARDS |
Status | Compulsory |
Format | |
TC | UNBS/TC 10, Management and services. |
ICS | 75.020 Extraction and processing of petroleum and natural gas |
Language | English |
Edition | 1st Edition |
Sales Rating |
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