Large-scale capital and operating expenditure decisions can make orbreak the financial performance of oil, gas, and power companies. In this bookI provide a toolbox of industry-specific capital project and risk managementdecision analysis tools, and demonstrate how companies successfully apply them,using a wealth of examples.   Part I explains how to improve reliability, raiseproductivity, lower purchase cost, lower operating cost, and lower workingcapital requirements. It covers Capital expenditure (CapEx) projectsupply chain risk mitigation: principles and methods, Engineering and procurement ofequipment and services for minimum cost and risk, Operations and maintenance cost(OpEx) reduction: principles and methods, and Operational safety andenvironmental risk management: principles and methods.   Part II provides tailors the techniques andtoolbox to the specific needs of  upstream oil & gas, midstream hydrocarbon transport, downstream oil & gas, and the power industry.   The book is a resource for chief operating officers; chief financialofficers; engineers; vice presidents of supply chain, operations, orproduction; and directors and managers of procurement, purchasing, operations,or materials management. "The author was amazingly able to write this book so technical managers and engineers would be able to use it as a reference and guide to understand various supply strategies, while supply chain professionals would find it as a comprehensive resourceful guide to most oil and gas activities, including tools for managing risks and for defining well balanced supply strategies. The examples provided in this book are a refreshing stimulus for anyone interested in supply in the oil and gas industry." Dr. Hamza Abada, Process Improvement Director, RasGas Ltd "As an in-house Supply Chain Management Consultant with thirty years of experience as a practitioner, I welcome this most informative book and warmly recommend it to anyone who is interested in understanding Supply Chain Management in the energy business. While effective Supply Chain Management is a cornerstone of the success of leading companies, it is also the home to large numbers of latter-day snake oil salesmen in their ArmaniTM suits peddling photogenic PowerPointTM slide packs of one-size-fits-all miracle cures. The siren calls of 'quick wins' from 'low-hanging fruit' barely concealing the airbrushed logo of the previous client. The imperative for a company to do better, whether is it is to maximize a competitive advantage, or to maximize profitability or to just create a shelter from an economic storm, provides rich pickings for these generalist consultancy houses. Standing out from all of this noise, David Jacoby and his formidable team at Boston Strategies have developed and compiled a valuable toolkit of successful strategies for the implementation of world-class Supply Chain Management. Following on from the excellent Guide to Supply Chain Management, David Jacoby has specifically tailored the strategy toolkit to the energy business, in this new book: Effective Supply Chain Management in Oil, Gas, and Power Generation. First and foremost, the book recognizes the stark realities of the economics of the energy business, whereby what might work brilliantly for one industrial manufacturer may have no discernible long term benefit at all for an oil company. It is the economic research that sets this book apart. As a wise older colleague often reminded me when I was a very junior buyer, time spent in reconnaissance is seldom wasted.The toolkit is filled with energy industry specific know-how and is illustrated with examples of successful supply chain implementations." Gerald Sheils, Procurement Manager, Saudi Aramco "David Jacoby, an internationally recognized specialist, has produced yet another book with concise and practical framework and strategies for optimizing resources in the supply chain management activities, cutting through the labyrinth of the complexities of the unique oil, gas and power industry. It is an extremely well written and remarkable book, highly recommended for professionals and practitioners in the supply chain business." Dr. Diran Fawibe, CEO, International Energy Services Ltd. "The author was amazingly able to write this book so technical managers and engineers would be able to use it as a reference and guide to understand various supply strategies, while supply chain professionals would find it as a comprehensive resourceful guide to most oil and gas activities, including tools for managing risks and for defining well balanced supply strategies. The examples provided in this book are a refreshing stimulus for anyone interested in supply in the oil and gas industry." Dr. Hamza Abada, Process Improvement Director, RasGas Ltd "As an in-house Supply Chain Management Consultant with thirty years of experience as a practitioner, I welcome this most informative book and warmly recommend it to anyone who is interested in un