Question

Evaluating Returns on Knowledge Management
Od exploration often involves extrapolating
from sketchy data and comparing exploration
them to and the
sites to known ones. This allows geoscientists to
year, saving US $20 min
decide whether enough reserves exist on a site
to make developing it worthwhile. For exam
for each well as
ple, one site contained layers of oil-bearing might have reached them
US $120 million). It is
sand that were less than an inch thick. A Shell where to drill, but the leader
exploration team needed to decide whether the community could cam 54
thin sand beds could extend over a large
enough area for the oil in them to be efficiently it may be argued that the community
pumped out. This would normally require 25 of 80% of US$120 USE
drilling and testing a number of exploratory million annually. Because
wells. The team asked one of Shell's communi US $300.000 and $400.000 ally to
ties of practice, including geoscientists from the community, this represented
several disciplines for help. By comparing this return of times the investment Tha
not the only benefit
site to others, the community helped in the
address the senior executive
team's analysis of where to drill more accu
whether the community
rately, resulting in fewer exploratory wells
investment For further
)
Community members estimated that the
discussions of such comparisons enabled study, please refer to w​

Answer 1

Answer:

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Explanation:

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