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English to Portuguese translations [PRO] Law: Contract(s)
English term or phrase:first pass screening assessment
This document is a presentation about a Cost Reduction Initiative as a way to respond to the current reality in the oil industry
Operating Cost Breakdown; with a focus on Commun Costs
The following tables are illustrative of the initial assessment of target areas for cost reduction and will form the basis for the detailed analysis to follow.
By using a top down initial screening of ‘what is possible to reduce by 50%’ it forces the difficult and detailed conversation that is necessary to achieve the deepest possible cuts and the most necessary outputs.
This first pass screening assessment indicates that 34% reduction from the year end 2019 results may be possible and gives the necessary motivation and impetus for the team, with Management Support to pursue