Definition(s)


Organisation

An unambiguous and structured description of how a company is sub-divided and managed for the purpose of operating.

The organisation is typically depicted as a series of inter-related charts. They comprise a hierarchy of divisions, sections, departments and other terms to indicate how the company’s assets and workforce are grouped and to identify the manager with accountability for each part of the organisation.

Organisation of companies varies greatly and can be complex, but in this guidance it is assumed that the structure broadly comprises corporate, business and asset levels.

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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