Statistics show what gets measured gets done. Measuring and benchmarking contractor performance is a key driver of continual health and safety efforts in the oil and gas industry. Our research, drawn from 15 years of global experience with 450+ Clients and 60,000+ contractors, highlights the key leading and lagging performance indicators used in the oil and gas industry and introduces leading edge methods to identify vital Key Performance Indicators.
Monitoring and benchmarking tools such as collection and tracking of contractor work hours, incident rates, action items, evaluations and written health and safety procedures are all crucial to effective ongoing management of contractor performance. In addition, having a system for contractors to be able to identify potential safety system gaps that may need their attention, can further drive improvements.
Our paper demonstrates some basic data trending and analysis methods plus leading edge methods, including regression and correlation statistical analysis approaches being used in the industry to identify factors that are positively or negatively associated with increased or decreased health and safety performance. Such methods are useful in identifying vital Key Performance Indicators (KPI's) to measure and monitor. Real world analytical examples will be presented and discussed.
Using data driven hiring decisions is a vital part of any prevention plan. Through use of a system for managing and evaluating contractor safety data, Clients have seen significant improvement in their contractors' performance. Case studies of clients who have seen improvement of more than 90% for their contractors' incident rates will be discussed.