November 11, 2021 by Turnaround outcomes are impacted by numerous factors with varying degrees of controllability. Based on quantitative data collected from recent turnarounds, this paper examines and presents the drivers (“Leading Indicators”) of turnaround performance and quantifies their effect on turnaround outcomes. The paper introduces turnaround risk and readiness indices (“TRI”) and their relationship to turnaround outcomes. Further, the concept of a standardized turnaround scope index is explored. Finally, benchmarks of best turnaround practices are shared.