The effort and cost involved in risk model implementation, as well as a tendency toward optimism, can make it difficult to build consensus for a structured risk management process. The author offers tips for building trust in the process starting with simplifying the risk model to gain management involvement.
This case study summarizes a two-year journey, highlighting the challenges, opportunities, failures, successes and achievements during the implementation of an integrated information management system.
Scope creep is a serious challenge that outage managers, outage engineers and planners face before and during an outage. In order for us to manage it, we must understand what scope creep is—and what its causes are.
The question many people have with outages is on how to manage them. Should they be treated as a project or a process? The key to a successful outage is a detailed preparation plan followed by smart monitoring of critical parameters.
New technology projects carry a high degree of uncertainty. Agile promises to manage uncertainty. Does this make for a natural match? Or are there more factors that influence the project manager’s chosen approach to a new project?
Energy firms are aware that the world is watching their actions concerning environmental impact. In this context, Chevron’s El Segundo Coke Drum project—winner of PMI’s Project of the Year Award in 2015—is well worth studying. The project was successful, delivered under budget and with an excellent safety record.
Nuclear technology and project management have a long standing relationship. The River Corridor Closure Project was a finalist for the PMI Project of the Year award in 2015. As a large-scale project that dealt with significant hazards and large budgets successfully, there is much to learn from this project.
Once project planning begins, procurement quickly becomes a vital activity. Whether you are building a bridge, installing a software upgrade or launching a new product, procurement matters to project success. Procurement poses both ethical and practical challenges.