Professional Documents
Culture Documents
Version 1: 24 November
CONTENTS
1 SUMMARY 1
6 GLOSSARY 14
Terms in purple
purple font
font are defined or referenced in the Glossary
Glossary at
at the back of this manual
The Executive Vice President Controller is
Controller is the custodian of this manual.
1 Summary
November 2007
Opportunity Realisation is
Realisation is defined in Shell as any activity that, if pursued through to execution,
will require an Investment or Divestment Proposal (as detailed in the IDM). These include capital
projects, acquisition/divestment opportunities, or integrated cross-Business opportunities 2.
The ORM shall be applied across all Shell Businesses and Functions to all opportunities with a
headline size exceeding
size exceeding US$ 100 mln (on a 100% basis) or involving unusual risk 3. Individual
businesses may choose to apply the ORM to opportunities with a smaller headline size.
The ORM sets out a rigorous approach to the management of opportunities to ensure that they
are appropriately defined, evaluated and executed. It is founded on:
• A decision-driven Opportunity Realisation Process (ORP),
(ORP), that promotes good preparation,
planning and appropriate assurance
assurance in
in the delivery and execution of an opportunity
• Competent people with clear roles and responsibilities leading, staffing and governing opportunities
• A clear governance structure for the opportunity
Section 2 lays out the Opportunity Realisation mandatory requirements. Sections 3 to 5 provide
further explanations of these requirements and guidance on their application.
The application of the ORM is intended to be scalable
scalable so
so that it is fit-for-purpose for the
dimensions, complexity and risk profile of the opportunity. For specific opportunity types,
Businesses/Functions may have additional requirements and offer further guidance on key
activities and best practices. Where appropriate these are referenced in the Opportunity
Archetype Guides (available
Guides (available separately) that highlight for different opportunity types, the key
activities that are typically undertaken.
With respect to non-controlled Joint Ventures, Shell should use its influence to ensure that the
intent of the ORM is followed, taking a risk-based approach.
1
Nothing in this manual overrides the requirements and authorities set out in the IDM.
2
Long-term purchase and sale contracts are however excluded from mandatory application of the ORM.
3
1 The definition of headline size can be found in the IDM.
2 Opportunity Realisation
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Mandatory Requirements
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The mandatory requirements outlined below shall be applied to all opportunities with an a
anticipated headline size above USD 100mln (on a 100% basis) and all opportunities involving l
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unusual risk4. For each opportunity all mandatory requirements must be adequately documented. a
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Further explanation of each of these mandatory requirements can be found in Sections 3 to 5.
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(1) All opportunities shall have a common governance structure, which consists of: (Section 3)
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• a Business Opportunity Manager (BOM) accountable to the Decision Executive for the day-to- a
day management and delivery of the opportunity. n
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• a Decision Executive (DE),
Executive (DE), accountable to the individual in the Shell organisation with the a
appropriate delegated (organisational) authority for the opportunity. The DE is responsible for t
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steering, supervising and supporting the BOM as well as ensuring the provision of appropriate r
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assurance of the opportunity.
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• a Decision Review Board (DRB)
Board (DRB) which contains the relevant expertise to support the DE in his/ e
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her decision making. Finance has the right to nominate a representative to participate in each u
and every DRB. i
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• a Line of Sight , the single chain of accountable individuals from the opportunity team via the m
BOM and DE to the individual in the Shell organisation who holds the appropriate delegated e
authority for the opportunity. t
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• a Mandate
Mandate,, agreed up-front between the BOM and the DE that gives the BOM instructions
but also room to manage the opportunity on a day-to-day basis. The Mandate, which must
be within the authority delegated to the DE through the Line of Sight, sets out the objectives
and boundary conditions for the opportunity, as well as key assumptions. It also describes
key accountabilities, the governance structure and how the opportunity will be resourced. (see
Section 4)
(2) Opportunities shall be led and staffed by professionals with the appropriate level of
competence and experience (Section 3)
(3) Opportunities shall be managed through a decision driven stage-gate process (Section 4)
The opportunity must be progressed through the six defined phases of the ORP. In this process
there are key decision gates at which it is decided whether to stop, hold, recycle or proceed.
(4) The DE is personally accountable that as a minimum there shall be: (Section 4)
•
Opportunity
considerationFraming,
Framing , an activity
of the Technical, which defines
Economic the scopeCommercial,
(and financial), of the opportunity through
Organisational,
stakeholder and other Political (TECOP) aspects of the opportunity. Mandatory outputs of
Opportunity Framing, which are then updated, as required, throughout the lifetime of an
opportunity are:
• an Opportunity Roadmap,
Roadmap, which outlines the plan to deliver the opportunity, including the
timeline, milestones, decision gates, resource requirements and key deliverables.
• a Stakeholder Engagement Plan,
Plan, which identifies key stakeholders, what is known about them,
and sets out the plan to understand stakeholders’ perspectives, engage with them and create
both internal and external alignment.
• a Risk Management Plan,
Plan, which identifies key risks and upsides and plans how the risks will
be mitigated and the upsides captured.
• an Opportunity Assurance Plan,
Plan, which sets out the assurance events and reviews that will
promote good quality decisions in all phases of the opportunity and how functional/technical
discipline controls will be applied.
4
In exceptional cases, derogation of the mandatory requirements may be justified for individual opportunities.
Derogation must be authorised in writing by the individual in the Line of Sight with the appropriate delegated authority for
the opportunity. 2
3 Explanation of Governance,
Roles and Responsibilities
3.1 Line of Sight
The successful delivery of an opportunity is supported by clear definition of roles and responsibilities,
personal leadership and a disciplined approach of individuals executing their responsibilities.
Delegated organisational For all opportunities there will be a single
authority (IDM)
Line of Sight (LoS) from the opportunity team
Board via the BOM and DE to the individual in Shell
with the appropriate delegated authority.
Chief Executive This LoS consists both of delegated authority
(as defined in the IDM) and the separate
Executive Director hierarchy within the opportunity team itself,
which includes the DE and the BOM. All
Exec. Vice President individuals involved with an opportunity
Note: DE can also link to
must be clear where responsibilities and
Vice President
ED, CE or VP depending accountabilities lie.
on size of opportunity
Three key roles in the governance of an
Opportunity opportunity are:
Decision
Decision Executive
(1) The individual (likely to be Executive Vice
Review Board
President or higher) who has the delegated
Business Opportunity authority for the opportunity (see Note 1)
Manager
(2) Decision Executive (DE)
Team
(3) Decision Review Board (DRB) Member
The DE in
(BOM) delegates
the formthe dailyMandate.
of the management of thetakes
The BOM opportunity to the
day-to-day Business Opportunity
responsibility Manager
for the delivery of all
aspects of the opportunity including ensuring the opportunity is framed and planned, and activities are
executed effectively (see section 4.2). The Decision Review Board members support the DE, enabling
him/her to take good quality decisions. The DRB also supports the BOM to facilitate the delivery of
the opportunity, but neither individual DRB members nor the DRB in its entirety have decision-making
authority over the opportunity.
Notes:
1. Delegated (Organisational approval) authorities are as defined in the Investment Decision Manual
and Manual of Authorities. The size and nature of the opportunity will determine who in the Line of
Sight (VP, EVP, ED , CE or RDS Board) will have delegated authority for the opportunity. Although
the threshold above which the application of the ORM is mandatory has been set at a headline
size of USD 100mln (on a 100% basis), the Shell-share may be significantly smaller. In addition,
individual businesses may choose to apply the ORM to opportunities with a smaller headline size.
2. An integrated, cross-business opportunity must be run as one opportunity. Even though members of
the Line of Sight may come from different businesses it is imperative that a single line of opportunity
governance is established. The opportunity team is also likely to contain members from different
Businesses and Functions. With respect to the opportunity, team members take their orders and
directions from the BOM, in line with the Mandate.
3 3. The members of the LoS and the opportunity team may change as an opportunity matures.
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3.2 Business Opportunity Manager (BOM)
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All opportunities shall have a Business Opportunity Manager (BOM), who is responsible for the e
full day-to-day management of the opportunity. The individual leading the opportunity shall have n
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the right experience and competencies required to ensure the full integration of all the Technical, a
Economic (and financial), Commercial, Organisational and stakeholder and other Political
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(TECOP) elements of the opportunity. To deliver the opportunity the BOM is often supported by e
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dedicated team leaders each responsible for the delivery of individual TECOP elements or sub- R
elements (see section 3.6). o
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The BOM is held accountable for the delivery of the opportunity within the Mandate agreed s
with the Decision Executive, including ensuring the quality of the delivered opportunity and the a
handover to the future owner.
owner. It is best practice that the BOM writes the Mandate that he/she
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needs and proposes this to the DE for approval. This Mandate is updated whenever required. R
[NB: for large commercial transactions the Mandate is recorded in the Deal Sheet ]. e
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Opportunities can have very long durations (e.g. a material EP opportunity can take from p
discovery to on-stream some 6-8+ years) and the nature of an opportunity can change through
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its course (e.g. from negotiating key terms with host governments to constructing facilities) and s
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thus opportunities may require a change of team leadership and staffing. To manage these b
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transitions, effective and well-documented handovers are essential. t
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3.3 Decision Executive (DE)
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The Decision Executive (DE) plays a central role in the delivery of an opportunity. Through the
responsibility delegated to him through the Line of Sight, the DE takes full and personal accountability
for the decisions made relating to the opportunity that are within his remit, the overall delivery of
the opportunity and the adequacy of opportunity assurance. The Decision Executive agrees the
Mandate for the opportunity with the BOM and provides steer, supervision and ongoing support
to the BOM and Opportunity Team. To be effective in his/her role, he/she must be at all times
fully familiar with the opportunity, ensure appropriate resources are made available and assist
with the co-ordination and integration of activities that are beyond the BOM’s control.
The Decision Executive chairs the Decision Review Board and is responsible for ensuring that
key expertise and knowledge are represented in the DRB that, according to the risks and issues,
allow him/her to make the right decisions related to the opportunity. Accountability for decisions
made in the DRB lies with the DE, who must consider the input of the DRB in reaching his/her decision.
The Decision Executive, in support of the BOM, champions the opportunity and facilitates its
delivery and approval up the Line of Sight. He must ensure that all the individuals up the Line
of Sight are fully aligned with the direction and pace of the opportunity, that they are aware of
issues, and also the roles they are expected to play in the delivery of the opportunity.
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Show effective leadership Manage team effectively Drive and deliver the oppor tunity
Accountable to the DE for the day-to- Responsible for getting the best out of the Be decisive and drive actions appropriately to
day delivery of the opportunity. opportunity team and the DRB. deliver results.
Ensure selection of the right team Motivate the team and drive effective Negotiate skillfully/ensure the team negotiates
members to complement your behaviours. skillfully to create the best possible outcome
competencies/expertise. Be clear on accountabilities within the team. for Shell.
Create the room to operate Provide feedback and developmental Be creative and innovative to secure maximum value
Obtain mandate from DE and commit opportunities. Leverage technical knowledge, commercial
to it. Maintain relationships savvy and relationship strengths to generate
Maintain confidence in the face of Forge and maintain effective relationships ideas and approaches that create value.
ambiguity,, shifting priorities and rapid
ambiguity with external counterparties; connect Help others envisage greater synergies
change, even over long extended effectively with internal stakeholders and and possibilities in opportunity making
opportunities. other businesses; leverage existing networks combinations.
Maintain a learning agenda and develop connections. Maintain the overview
Demonstrate open and authentic Communicate Integrate all aspects of the opportunity. Manage
communication. Be clear to Line of Sight; communicate clearly risks and upsides.
Apply internal and external best about progress, blockers and risks. Plan the opportunity and execute the plan.
practice to the delivery of the Proactively communicate when and what Stay delivery focused.
opportunity. decisions/support are required of the DE.
Capture and disseminate learnings.
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DE (Governance, ie: Steer, Supervision, Support) o
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Personal Relational Business e
Empower the BOM Champion theSight
opportunity Determine keyBOM
strategies
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Give the BOM the room to operate. Keep Line of involved; ensure buy-in Engage with and DRB to define strategy, a
Make time available and be accessible. by senior leadership; determine with BOM boundaries etc; obtain delegation from Line of n
Act as coach; support and challenge. and DRB how to approach / involve and Sight; agree strategy with Line of Sight, and c
Create a culture of trust and communicate with internal stakeholders. agree Mandate with BOM. e
accountability Resource DRB and clarify roles Secure maximum value ,
Act honestly and transparently; Choose DRB members with appropriate Take
Ta ke responsibility for the opportunity decisions. R
Act consistently; communicate your role; expertise and knowledge; communicate roles Push boundaries; encourage to think broadly o
encourage feedback and listen. DE, DRB and BOM to all parties; ensure (especially) early in the opportunity and
full enrollment of DRB and effective DRB focus on hard delivery (particularly) later in
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Reflect and learn
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Review own, and BOM strengths and operations by utilising existing processes opportunity; draw on knowledge DRB in trade- s
weaknesses; choose DRB and team (e.g. assurance). off decisions. a
members to complement each other Maintain external relationships Balance speed and rigour n
in the all phases and aspects of the Understand external stakeholders and Act decisively; take accountability for decisions;
opportunity. influencers; work with the BOM to develop avoid reworking same decisions; take conscious
d
and implement a productive stakeholder decisions regarding flexibility; be clear about
management strategy
strategy.. factors (e.g. commercial) demanding change of
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timeline and make proper use of assurance. e
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DRB (Support and advice to DE)
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Personal Relational Business
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Actively engage asas DRB member Be clear on your role Manage input and impact
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Fully commit to the r ole; engage with Support the DE in him/her making good Offer advice, guidance, ideas to DRB and DE; s
team; understand the opportunity
opportunity.. Provide decisions. Understand that a DRB role and be clear about your views and the impact on
both challenge and support. responsibility is separate and different the opportunity; do not act as r oadblock; be
Take time to reflect and implement learning from any line position. flexible.
Challenge DE to use best practice; share Act as ambassador in support of the Offer an objective and informed viewpoint
feedback constructively; contribute your opportunity. Ensure your viewpoint is understood; stay
knowledge. Be an ambassador to organisation outside objective and respect and support DE decision;
Challenge and support the DE to empower the opportunity; take full ownership of if you have different view, ensure this is
the BOM decisions taken; use your connections to minuted.
Connect personally with BOM; support assist in resourcing the opportunity team. Think broadly
DE to address strengths and weaknesses Support links to the external world Bring the strategic context in the picture and
of the team and the approach to the Scan external world for relevant take a panorama view of the opportunity;
opportunity; be honest and direct in all information; challenge full understanding challenge quality of decisions; challenge DE
matters. of counterparties. Support the opportunity and BOM to prevent tunnel vision; stay focused
through your relationships. on delivery.
Provide Assurance
Ensure that there has been assurance in extent/
scale and depth that is appropriate to the
opportunity risks to give confidence that sound
decisions are recommended to the DE.
6
EVP
DRB DE
Commercial
HSSE lead Implementation
Project lead
expert Treasury
Finance
Economics lead
Cost
estimator Controllers
CO2 Tax
Legal
Resource requirements should be identified and agreed by the BOM with the Decision
Executive and both human and financial resources made available in a timely manner. Specific
accountabilities of the Opportunity Team members should be explicitly agreed up-front, including
for securing functional/technical discipline support. The members of the opportunity team
report to the BOM with respect to matters pertaining to the opportunity, even though formal
organizational (e.g. functional) reporting lines remain in place. Opportunities can also be very
complex and involve large teams. Within Opportunity Teams, there may be separate work-
streams, with designated work-stream leaders who sit on the core team and must be kept aware
of all dimensions of the opportunity. A clear and direct line of communication must exist between
these work-stream leaders and the BOM.
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a Mandate PCN GIP
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I (as required)
M
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Understand Assess economics Evaluate economic Complete detailed Monitor Report information
economic based on technical, value proposition economic evaluation opportunity to management
& financial commercial value of the opportunity, with full risk and performance on operational
dimensions drivers, incl. tax reflecting all uncertainty analysis. and track costs. performance
E (& F) and metrics & financing, agreed functional Show financial Record transaction and costs.
using available involving those inputs. Articulate reporting impact. in the accounts.
information. functions. risks, uncertainties Obtain functional Execute financing
and sensitivities. support from strategy.
economics,
Controllers, Tax
and Treasury.
Show the strategic Engage with Perform due Negotiate Execute Operational
and portfolio fit. counterparties diligence and conclude commercial management
and develop and detail commercial agreements. of commercial
value propositions. the preferred agreements for Address agreements.
C commercial
structures for signature
approval.after GIP
Obtain outstanding
commercial
opportunity. functional support issues before
from Legal. "completion" of
the opportunity.
BOM, DE, LoS Opportunity Carry out Inform ECJV Transition to Transition to
established Roadmap, Risk assurance. Start & ECPV if implementation operational team.
Mandate. and Stakeholder implementation >$1bln. Carry team. Prepare to Opportunity and
Opportunity Management Plan plan. Prepare out assurance. operate. Monitor Implementation
O Framing. and Opportunity & submit PCN. Prepare to performance. teams dissolved.
Assurance Plan. Manage risk. implement.
Prepare and
submit GIP after
Finance sign-off.
Immediate Stakeholders Stakeholder & Stakeholder & Stakeholder & Value delivered
stakeholders mapped and counterparties counterparties counterparties with stakeholders
P recognised & who engaged – 3D engaged - 3D, engaged – 3D, engaged – 3D, and new
knows who/what. Discovery & Diagnosis & Diagnosis & Design and opportunities
Diagnosis. Design. Design. Deliver. identified.
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4.2 Opportunity Realisation:
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mandatory activities and deliverables O
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As outlinedasbelow,
prepared Opportunity
early as Framing
is practically should
possible in thebelifeundertaken and the mandatory
of an opportunity. Opportunitydeliverables
Framing o
should, thereafter, be repeated and the deliverables revised and updated throughout the lifetime r
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of the opportunity as new information becomes available and in response to external events. It is
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the responsibility of the BOM and DE to agree the appropriate scaling of Opportunity Framing i
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and the deliverables for the size and complexity of the opportunity. y
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There are no prescribed formats at Group level for Opportunity Framing or deliverables, although e
Businesses and Functions may require the use of formal templates in certain circumstances.
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4.2.1 Mandate t
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At the outset of every opportunity the individual with the appropriate delegated responsibility will n
define the remit of the DE with respect to the opportunity. Within this remit, the DE will agree the P
Mandate with the BOM , which shall address the following:
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Opportunity objectives: A
objectives: A clear statement of what the opportunity is, boundary conditions and
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the aspired end position and value that could be delivered from the opportunity. A description
of the wider context around the opportunity can be included.
• Assumptions that
Assumptions that will affect the time, cost and objectives of the opportunity. These assumptions
may be Shell specific as well as independent from Shell.
• Roles and responsibilities,
responsibilities, including governance and the Line of Sight.
• Human resources and budget needed
needed by the Opportunity Team to deliver the opportunity to an
Investment Proposal, or to the first exit decision point.
• Key Decisions that the BOM cannot make him/herself and
him/herself and for which either the Decision
Executive (or the individual with delegated organizational authority for the opportunity) is to be
involved and accountable.
• Timing
Timing of
of key decisions.
The Mandate establishes the accountability of the BOM and provides him/her with the room to
manage the opportunity on a day-to-day basis. The Mandate must be reviewed and updated at
appropriate points throughout the opportunity life and significant changes to the Mandate should
always be agreed with the DE, and documented.
The Mandate is at all times subject to the requirements of the IDM.
[Note: For large, commercial transactions, the Deal Sheet is used to document the Mandate. The
Deal Sheet also documents aspects of the Opportunity Roadmap and Opportunity Assurance Plan.]
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4.2.2
4.2.2 Opportunity Framing
F raming
Opportunity Framing is a scalable activity, which is undertaken at an early stage of an
opportunity when the potential to create and capture the value of an opportunity is at its
greatest. The emphasis of Opportunity Framing is on preparing for success and requires taking
sufficient time with the right people to:
• Reach internal alignment on the scope of the opportunity (i.e. what optimises value for Shell)
• Define success in explicit terms
• Identify key relationships and where not present, start developing these
• Consider counter-party/stakeholder requirements (external drivers) and diagnose, through wide
(not deep) external engagement where ‘Customer/Counterparty Value’ may lie in the
opportunity.
• Identify, and understand the various (technical, commercial, economic etc) value drivers of the
opportunity and how these need to be managed to maximise value and mitigate downside risk.
• Identify key technical and other functional contributions and reviews (as appropriate)
• Apply learnings from other opportunities
• Understand and manage the timeline – identify when and how the most value can be delivered
• Define roles and responsibilities and plan the way forward for the opportunity (i.e. key
activities, key milestones, decisions to be taken)
The key deliverables of Opportunity Framing are outlined in Section 4.2.3.
4.2.3
4.2.3 Opportunity Roadmap, Risk Management
& Stakeholder Engagement Plans
Opportunity Roadmap
The Opportunity Roadmap is the agreed plan for the delivery of the opportunity, and aligns the
activities of the opportunity team, the individuals in the Line of Sight and other involved Shell
stakeholders. The Opportunity Roadmap should articulate which activities should be undertaken
when, including:
• The timeline, with dates for key milestone decisions
• The key decision points
• Any intermediate decisions between key decision points
• The deliverables required to support the decisions
The Opportunity Roadmap should integrate the critical activities and/or milestones that are
contained in the stakeholder engagement strategy and the Risk Management Plan (see below).
Often a Roadmap can only provide a detailed description of the activities in the next phase
and an outline of activities envisaged for later phases; it is then updated as the opportunity
progresses.
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Risk Management Plan
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The effective management of risks (threats and opportunities) is fundamental to being able to O
deliver opportunities and value to Shell. Risks may be internal to the opportunity, such as cost or p
resource availability, but can also be external to Shell, such as potential competition, linkage to o
other opportunities. The management of risk requires that: r
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Risks and opportunities are recorded in a Risk and Opportunity Matrix
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Their likelihood and consequence are assessed
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Responses and mitigation are planned and implemented; and
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There is an ongoing process of monitoring, appraisal and reassessment, leading to a revision
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of the Risk Management Plan, when required.
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Stakeholder Engagement Plan i
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It is essential to understand and engage with stakeholders who are affected by an opportunity P
and can influence positively or negatively its outcome. The Stakeholder Engagement Plan r
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requires that: c
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• internal and external stakeholders are identified s
• the opportunity team understand what is known about the stakeholders; attitudes, interests and
influence, and potential routes for engagement
• a plan for stakeholder engagement is created which aims to understand stakeholder
perspectives, attitudes and interests and creates internal alignment. Best practice plans include
a strategy considering sequencing of engagements.
4.2.4
4.2.4 Opportunity Assurance Plan
The Opportunity Assurance Plan (OAP)5 sets out an agreed set of activities and deliverables that
are collectively designed to provide confidence that the opportunity will be / has been undertaken
in a manner that will meet objectives. The OAP must include the assurance activities and
deliverables that are mandated in the relevant Businesses involved, and may include additional
assurance activities and deliverables as considered appropriate by the DE/DRB and Team.
Establishing the OAP is the responsibility of the Business Opportunity Manager (BOM) who
is accountable for its creation and delivery. The DE must approve the OAP and the Terms of
Reference for the major external assurance reviews.
[In the case of Large Complex Transactions the key elements of the OAP will be recorded in the
Deal Sheet.]
5
Accountability for the opportunity always remains in the Line of Sight , but various parties, internal or external to this Line
of Sight, can be responsible for providing assurance. Some (external) forms of assurance can have the dual purpose of
providing counsel to the Line of Sight, as well as providing confidence to Businesses and/or Functions that requirements 12
will be met. In capital projects in EP, the OAP is known as the Project Controls and Assurance Plan (PCAP).
Archetype Guides
outline typical have for
activities been created.
different These Archetype
opportunity types butGuides,
are notavailable
intended into abevariety of formats,
exhaustive or
comprehensive. Users should view them as guidance, not as checklists.
The Archetype Guides will typically include a number of the following elements
• A illustration of the typical activities of an opportunity
A pictorial illustration of
• Helpful illustrations: e.g. typical team structure, risk matrix, Opportunity Roadmap
• A narrative describing the key activities in each of the ORP phases
A narrative describing
• Quick-look tables outlining
tables outlining key activities in each of the ORP phases
• Additional
Additional useful information sources
The Archetype Guides include reference to all the mandatory requirements of the Opportunity
Realisation Manual and also to Business and Function Standards and guidance, where appropriate.
6 Glossary
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Guides – Illustrative examples, using a variety of formats, of how the ORM, other
Archetype Guides –
manuals within the Shell Control Framework, and other Business/discipline requirements are used
complimentarilyy to develop the opportunity in a generic category of opportunities (= “Archetype”).
complimentaril
Assurance – Assurance is an objective, systematic and independent process of ensuring that the
Assurance –
business risks, e.g. opportunities of projects, are adequately managed to achieve stated business
objectives through adherence to prescribed policies, standards and procedures. (see also Quality
Assurance).
Business Opportunity Manager (BOM) –
(BOM) – The individual responsible for the day-to-day
management of the opportunity, who is accountable to the Decision Executive.
Deal Sheet –
– A standard format for registering all relevant aspects of an opportunity, used for all
large commercial opportunities
[http://sww.shell.com/sx/commercial_academy/framework/framework_deal_sheet.html ]. ].
Decision Gates –
Gates – The point where an opportunity moves from one phase to the next.
Decision Executive (DE) –The
(DE) –The individual who provides steer, supervision and support and is
fully and personally accountable for the decisions made relating to the opportunity, the overall
delivery of the opportunity and for quality assurance.
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