Project management in oil and gas

Faghihi, Vahid

doi:10.1016/b978-0-12-813598-3.00012-4

Cited by 4 publications

(5 citation statements)

References 2 publications

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“…Therefore, it can be said that risk management is one of the phases of project management [76][77][78]. To formulate and implement the risk management system in construction projects, risks and opportunities (potential and actual) are identified in similar studies [10,17,53,60]. The topic discussed in this research aimed to find the appropriate ratio of risk cost allocation to attract the satisfaction of the contractual parties; in other words, to establish a win-win relationship between them.…”

Section: Discussionmentioning

confidence: 99%

“…Experience shows that mega projects contain strategic, technical, economic, and national elements [13][14][15]. Threats and opportunities related to the project's key features need to be faced to achieve predetermined goals, including time, cost, and quality [16,17]. The roots of these threats and opportunities are detected in unreliability and uncertain situations with different origins, such as technical, management, commercial, and national and international problems [18].…”

Section: Introductionmentioning

confidence: 99%

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Risk Allocation Optimization between Owner and Contractor in Construction Projects by Using the UTA-STAR Method

Malekshah

Mehdiabadi²,

Pourmansouri

et al. 2022

Applied Sciences

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Project risk is an uncertain situation or event that, if it occurs, may have a negative or positive effect on one or more project objectives, such as scope, schedule, cost, and quality. Major industrial projects are increasingly facing complexity and uncertainty. The scope of this paper is related to petrochemical projects, in which risks directly affect the approved time, cost, and quality of the project. In such projects, there are risks that neither the owner nor the contractor has the main role in the occurrence or prevention of, and it is not easy to determine who is responsible for them. In such projects, there are risks that neither the owner nor the contractor has the main role in the occurrence or prevention of, and for which it is not easy to determine responsibility. Therefore, predicting, identifying, analyzing, and determining of the optimal allocation of risk responsibility between contracting parties is one of the most important steps before the start of the project. Suppose it is not correctly allocated among project stakeholders, then, in that case, risk responsibility imposes costs on the project that must be paid by the owner, contractor, and partnership, causing, in general, many problems for project management. Therefore, this paper presents a model to calculate the optimal ratio of risk allocation between the project parties in the concluding contract stage, using the UTA-STAR technique to obtain the owner and contractor utility function to create as much of a win-win relationship between them as possible.

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Section: Discussionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Risk Allocation Optimization between Owner and Contractor in Construction Projects by Using the UTA-STAR Method

Malekshah

Mehdiabadi²,

Pourmansouri

et al. 2022

Applied Sciences

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“…Delivering projects in refineries confronts PMs with risks represented in dealing with unknown site conditions such as hazardous underground service, and the exposure to toxic gases such as Hydrogen Sulfide (Spagnolo et al, 2019). This presents PMs with the challenge of specifying and procuring high quality equipment, materials, and services to avoid catastrophic events (Faghihi, 2022). Given the importance of TCs, limited number of studies were found addressing them in the O&G industry.…”

Section: Research-based Technical Competenciesmentioning

confidence: 99%

“…, 2019). This presents PMs with the challenge of specifying and procuring high quality equipment, materials, and services to avoid catastrophic events (Faghihi, 2022). Given the importance of TCs, limited number of studies were found addressing them in the O&G industry.…”

Section: Literature Reviewmentioning

confidence: 99%

Revealing contribution mechanisms of project managers' technical competencies toward success in oil and gas projects

Abdulla

McCauley-Smith

Moradi

2023

IJMPB

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PurposeProject managers' competencies contribute toward project success in a considerable manner. The significance of technical competencies' (TCs) contribution toward success in Oil and Gas (O&G) projects is even higher due to the complexity and the technology-intensive nature of these projects. However, technical competencies have often been overlooked in favor of behavioral competencies or simply identified and listed in terms of their significance. Thus, there is currently very limited research-based knowledge concerning the contribution mechanisms of technical competencies toward project execution success. Hence, the aim of this study is to explore the contribution mechanisms of TCs toward success in O&G projects.Design/methodology/approachA case study was employed as the research strategy through which data was collected from project professionals in O&G projects in the Kingdom of Bahrain using semi-structured interviews. Transcripts of the interviews were then analyzed through thematic analysis method with the aid of NVIVO 12.FindingsThe findings reveal six mechanisms through which technical competencies of project managers contribute toward execution success in O&G projects. TCs not only act as a launch pad toward project success, but also help in optimizing engineering designs throughout the project life cycle.Originality/valueInstead of simply identifying and listing TCs, the obtained results enhance our current understanding of their contribution mechanisms toward project success in O&G projects.

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“…Not infrequently, employees have to take official trips out of town or even abroad to take part in various work-related activities. This causes the reporting process to be delayed, and not up to date, and the performance of the ERP Project Management Unit (Enterprise Resource Planning) in carrying out the monitoring activity process is less than optimal (Faghihi V., 2022;Chethana S, 2022). In general, the functions of the ERP Project Management Unit are scooping, planning, estimating, scheduling, organizing, directing, controlling, and closing projects (Battistello et al, 2021;Mohapatra, H., & Rath, A. K., 2020).…”

Section: Introductionmentioning

confidence: 99%

Monitoring System Prototype Design at The Project Management Units

2022

jcositte

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Project Management Unit of ERP (Enterprise Resource Planning) serves to limit, planning, forecasting, scheduling, organizing, directing, controlling, and closing projects. Technological development monitoring system and growing can be used to assist management in monitoring to ensure all activities conducted goes according to plan. The technology can be used as a media monitoring include web-based technology. The method used is by direct observation in ERP Project Management Unit, analyzing procedures and processes on the system is running, as well as describe the procedure using UML. To support the accuracy of the data, the research conducted by the method of literature, by searching for relevant information from various books and browsing the Internet. I also conduct experiments or in practice in the design and manufacture of prototype applications Project Management Monitoring System. The benefits of this research is to produce a new system in the form of application Project Management Web-based Monitoring System is capable of supporting high mobility of employees to report any activity that has been, is being, or will be done in realtime. The report was subsequently used as a basis for analyzing the shortcomings of the activities that have been done so that management can do forecasting activities that will be implemented in the future. From this research, the expected performance of the ERP Project Management Unit in monitoring projects can be more effective, efficient, and optimal.

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Project management in oil and gas

Cited by 4 publications

References 2 publications

Risk Allocation Optimization between Owner and Contractor in Construction Projects by Using the UTA-STAR Method

Risk Allocation Optimization between Owner and Contractor in Construction Projects by Using the UTA-STAR Method

Revealing contribution mechanisms of project managers' technical competencies toward success in oil and gas projects

Monitoring System Prototype Design at The Project Management Units

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