September 24, 2021 by Thousands Of Capital Projects, Quantified Businesses execute capital projects for a multitude of reasons—for expansion, to drive efficiency, or to stay in compliance with regulatory requirements. They are an essential function of all industries, and maximizing performance while maintaining cost efficiency is one of the most significant challenges for project professionals. At AP-Networks, we believe that maximizing capital project performance starts with a quantifiable understanding of industry best practices, and that’s why we’ve been building our Capital Project Database for more than two decades. The AP-Networks Capital Project Database is a detailed collection of capital project data with statistics from more than 3,000 unique projects, including over 1,000 major projects and 2,000 plant-based projects. These projects are gathered from sites throughout North America, Europe, Asia, the Middle East, and Africa. Major project data has been gathered from operators in the upstream, midstream, downstream, and power industries, while plant-based project data has been collected from operators in the refining, gas, power, chemicals, and E&P industries. The AP-Networks Capital Project Database contains information on planned and actual project outcomes, key characteristics, and planning and execution practices that are correlated with outcomes. Data analysis facilitates insights into the causal factors behind success or failure and allows individual projects to be benchmarked against Industry average and top quartile performance. It also allows for the identification of demonstrated practices that lead to successful outcomes. The Capital Project Database drives our evaluative tools residing on Capital Project Network, our Digital Platform for project professionals that includes data-backed tools designed to help you optimize your project outcomes.