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Definitions (77)

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p10


the outcome for which the probability of occurrence of that value or greater is 10 percent. The actual value is expected to be larger only one time out of 10.
Source: kioga.org

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accountability


responsibility to someone for a particular activity. Everyone is accountable for delivering specific results or products as part of their job.
Source: kioga.org

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annual allowance


an amount of money provided to employees in certain locations; provides employees with the flexibility to use the allowance in the manner most meaningful to them, rather than the Company specifying how it is to be used.
Source: kioga.org

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approval matrices


defines an individual's range of spending authority to purchase goods or services on behalf of the Company, and indicates when a supervisor's approval is required.
Source: kioga.org

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battery


a place where oil is collected from various pipelines.
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benchmark


a standard point of reference by which something can be measured or judged.
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best practice


a process, practice or solution judged as the ultimate way to reach a goal or result; held up as a model to be learned from or followed.
Source: kioga.org

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bitumen


petroleum in semi-solid or solid forms. Requires unconventional production methods such as mining or steam assisted gravity drainage.
Source: kioga.org

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business unit


segment of the Company with operations focused on a specific area of expertise or geography.
Source: kioga.org

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coalbed methane


a sweet natural gas found in coal and used for home heating, natural gas-fired electrical generation and as an industrial fuel.
Source: kioga.org


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