Methodology

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Methodology

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Methodology

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HOW DO WE PROCEED?

All Audits require an appropriate process to ensure the full benefits are achieved.

CONSULTING FIRM has developed its own process that keeps the Client involved through all stages of the Audit. Our Client-centric approach to auditing differentiates CONSULTING FIRM from others and leads to more robust, more productive Client relationships. It helps our firm deliver more valuable and impactful Audits for the Client’s business.

The CONSULTING FIRM Audit process comprises five pillars: DEVELOP, DEFINE, EXECUTE, EVALUATE, and IMPLEMENT.

For the first 4 pillars, DEVELOP, DEFINE, EXECUTE, and EVALUATE, an Audit Execution Plan (AEP) is developed and serves as an essential document during the execution of the Audit.

For the IMPLEMENT pillar, CONSULTING FIRM builds a Corrective Action Plan (CAP) based on the observations, non-conformities, and conclusions of the Audit. Once approved and validated by the Client, the CAP is implemented and executed with continuous and rigorous monitoring. During this vital process, the Client is closely informed of the progress of the work.

Through all these steps, our Client can be assured that all essential equipment and methodologies are fit for purpose, in good operational condition, and verified for full compliance with International Standards, Oil & Gas Industry Standards, HSE, and Requirements (Including API, Classification, National & Local Standards).

The DEVELOP step collaborative endeavor involves meticulously determining objectives, priorities, and targets through an extensive discourse facilitated by meetings between CONSULTING FIRM and the Customer.
This deliberative process serves as the fulcrum upon which the future success of the subsequent phases hinges.
At the DEVELOP stage, the consultative approach requires a comprehensive understanding of the Customer's requisites, where it's important to us. CONSULTING FIRM captures insights into the Customer's needs, challenges, and specific goals through this open dialogue. The efficiency of this engagement is intrinsic to the subsequent development of the Audit Execution Plan (AEP), a strategic blueprint that delineates the systematic framework for the forthcoming Audit procedures.
The handling of this preliminary stage establishes a solid rapport between CONSULTING FIRM and the Client. It lays the groundwork for an effective transition into the Audit process.
The DEVELOP step success depends on the depth and precision with which the initial consultations are conducted.

At the DEFINE stage, CONSULTING FIRM, having meticulously developed all requisite deliverables, structural frameworks, and Audit requirements in the preceding phase, embarks upon the crucial task of finalizing the AEP. This comprehensive document encapsulates the strategic roadmap for the impending Audit, delineating key objectives, priorities, and targets.
The AEP is a testament to the culmination of rigorous analyses, encapsulating critical aspects such as objectives, priorities, and targets. This document, emblematic of precision and foresight, undergoes a stringent internal review to ensure its robustness. Upon achieving a state of readiness, the AEP is judiciously shared with the Client for their final validation and approval, fostering a collaborative and transparent engagement. This iterative process ensures the plan aligns seamlessly with the Client's goals.
Upon securing the Client's approval, the DEFINE step of the AEP transforms from a conceptual framework into an actionable document, ready for execution. This transition marks the initiation of a concerted effort to actualize the Audit plan, underscoring the meticulous groundwork laid by CONSULTING FIRM.
The ensuing phase heralds the beginning of a journey toward project actualization, where the precision embedded in the AEP becomes the guiding beacon for successful Audit implementation.

During the EXECUTE phase, the meticulous implementation of the predetermined AEP takes center stage. Having been meticulously crafted in the preceding stages, the AEP is the guiding framework for the CONSULTING FIRM Auditor.
This phase unfolds as a systematic progression through the articulated steps of the plan, ensuring a comprehensive examination of all relevant aspects initially defined with the Client, covering objectives and specific targets. As the primary executor, the CONSULTING FIRM Auditor diligently records all observations, findings, and non-conformances. This process demands acute attention to detail, as each piece of information contributes to the overall assessment.
A paramount facet of this phase is the close communication maintained with the Client throughout the investigative proceedings. This dynamic interaction facilitates a transparent exchange of insights, enabling the Auditor to share preliminary findings and gain additional context from the Client's perspective. The EXECUTE stage thus epitomizes the operational culmination of strategic planning as the CONSULTING FIRM Auditor navigates the details and intricacies of the AEP with precision.
The collaborative dialogue with the Client enhances the Audit's accuracy and establishes a foundation for informed decision-making.

The post-execution phase marks the commencement of the EVALUATE stage, a pivotal juncture in the Audit continuum. During this phase, we comprehensively and meticulously assess the outcomes achieved during the EXECUTE stage.
Here, the collaborative engagement with the Client is critical, as the objective is to share and look over the observations, findings, and any non-conformities highlighted during Audit execution. Such scrutiny is fundamental in ensuring the future delivery of Service Quality that will align seamlessly with the stringent standards the oil and gas industry sets.
The core focus of the EVALUATE stage lies in examining the results vis-à-vis industry benchmarks and, if applicable, metrics and Key Performance Indicators (KPIs) in place in the contract. Rigorous adherence to industry standards is imperative in this stage, as it is the cornerstone to ensure efficacy during future operations. Furthermore, the evaluation process is not merely a retrospective analysis; it extends into a forward-looking dimension by incorporating corrective measures. This entails a proactive approach to address deviations from the expected outcomes, fortifying the future foundation for sustained Service Quality.
The EVALUATE stage represents a critical phase where collaboration with the Client is pivotal for comprehensively assessing the Audit results. It serves as the linchpin for rectifying and correcting deviations detected during the Audit.

This critical juncture in the Audit process is dedicated to constructing a Corrective Action Plan (CAP) derived from a thorough analysis of observations, findings, and non-conformities highlighted during the Audit and implemented into the Audit Execution Plan (AEP).
Developing this Improvement Plan requires a judicious integration of industry best practices and regulatory compliance to address identified deficiencies. It is a pivotal instrument to augment operational efficiencies, mitigate risks, and uphold the highest safety and environmental stewardship standards in the oil and gas sector. Upon formulation, the CAP undergoes a rigorous scrutiny process and is set into motion upon approval and validation by the Client. The ensuing implementation and execution follow the meticulously devised plan, with a vigilant commitment to continuous follow-up. A transparent and collaborative communication channel is maintained throughout this process, ensuring that the Customer is apprised of the ongoing progress and actively engaged in decision-making processes. This symbiotic relationship between CONSULTING FIRM Auditors and Clients fosters a culture of accountability, shared responsibility, and a steadfast commitment to achieving and sustaining excellence in oil and gas operations.
The diligence exercised during the IMPLEMENT stage resonates with the industry's ethos, where reliability, service quality delivery, and safety are paramount. It is through the execution of the CAP that oilfield services will meet contractual requirements and fortify their operational resilience.

All Audits require an appropriate process to ensure the full benefits are achieved.

The CONSULTING FIRM Audit process comprises five pillars: DEVELOP, DEFINE, EXECUTE, EVALUATE, and IMPLEMENT. It is essential to highlight that after the EVALUATE stage, CONSULTING FIRM will build a Corrective Action Plan (CAP) based on the observations, non-conformities, and conclusions of the Audit. Once approved and validated by the Client, the CAP is implemented and executed with continuous and rigorous monitoring. During this vital process, the Client is closely informed of the progress of the work.

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