Definition(s)


Expectation

In this report, an Expectation is a statement within an OMS Element that describes an anticipated outcome of OMS implementation.

Expectations are auditable for the purpose of OMS review. A company’s OMS should clarify whether an expectation is a current requirement, a performance objective or a future aspiration.

Source: IOGP Report No. 510, Operating Management System Framework for controlling risk and delivering high performance in the oil and gas industry, International Association of Oil & Gas Producers, June 2014. Global Standards

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