April 1998

Trends and Resources

HP Impact: HPImpact: What helps make an alliance successful?

Researchers have found no discernible correlation between capital project success or failure relative to whether the project is executed in an alliance environment or not. A study by Pathfinder, Inc.,..

Weirauch, Wendy, Hydrocarbon Processing Staff

Researchers have found no discernible correlation between capital project success or failure relative to whether the project is executed in an alliance environment or not. A study by Pathfinder, Inc., Cherry Hill, New Jersey, also concludes that owners with a "sound and organizationally supported capital development and execution work process have the best, most consistent successful performance." Other key findings from the study: An alliance is most cost-, time- and resource-effective in a multiple small or routine project environment – typical of an operating plant site – and after the alliance has been in place for at least a year. These "small" projects gener

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