All the calculated results using various methods are compared and discussed with the available theoretical/experimental data. The results propose that ORR activity on Pt(111) surface can be significantly controlled by the choice of the dispersion correction method. A uniform activity trend is predicted from both thermodynamic and kinetic analysis of ORR reaction mechanism. Semiempirical dispersion correction methods are found to predict ORR relevant properties with comparable or better accuracy than vdw-DF methods, which validates the reliability of their wide usage in computational catalysis. The obtained trends in ORR properties can be expected to be relevant for other catalyst systems.