Best practices in Project Management lead to improved schedules, reduced costs and increased functionality through organizational development, the application of project systems and the management of risk and uncertainty.
Project Management Delivers Positive Outcomes
Project Management is a critical combination of skill and systems designed to plan and execute projects with predictable and positive outcomes.
Our Project Management program provides direct support to:
- create a work breakdown structure (WBS) based on systems that are aligned to the project deliverable,
- integrate early planning with design to construct, operate and maintain practices,
- create project systems that support delivery of cost, schedule and functionality specifically including risk management,
- create Project Management Plans that define how projects will be executed,
- develop a Project Delivery Process for preictable and repeatable performance.
Project Management Has Changed
Project Management evolved from the 1940’s to the 1970’s as a discipline for managing engineering projects with respect to time, budget and specification. Today’s world of project management is much more demanding because it involves far more numerous types of projects, is applied earlier in the life cycle of these projects and now also has applications in delivering organizational change programs and strategic initiatives.
Unfortunately, the newer methods for project management are often not used or are poorly understood. The key people running projects have often not been sufficiently trained in the use of these methods before being handed the gauntlet to complete a challenging project. Those organizations that are competent in project management methods differentiate themselves through their performance and ability to profitably grow. Simply implementing best project practices in a consistent manner will lead to significant improvement in many projects of all types.
Lean Manufacturing Brings Added Value to Project Management
DE WARDT AND COMPANY has developed a proprietary process that incorporates Lean Manufacturing techniques into Project Management with significant benefits in terms of cost, schedule and functionality. The primary program is called Lean Drilling™
Project Management Testimonials
Due to this planning, all the well objectives were met below AFE and under planned time. This planning process contributed to the drilling success of the Gjallar deepwater well.
The strength of this approach is that it is the project team who build the organization and thus who have a direct stake in its success it is not a process that can be copied.
Project Management Case Studies
Multiple projects achieve Best in Class
Lean Drilling has been applied to many projects offshore Norway. The plot on the right shows the results from three projects with different challenges benchmarked against other N Sea results. These wells were drilled with different operators, different drilling contractors (and rigs) and to a large degree different service companies. These results show the ability of the Lean Drilling program to consistently differentiate the performance of our clients against their peers.
Excellent performance in a challenging environment
When depletion strategies for BP Amoco's Valhall field on Norway's continental shelf required the drilling of extended reach drilling (ERD) wells, problems appeared which threatened the project economics. Average trouble costs approached 35% and occasionally exceeded 50%, while some wells failed to reach their objectives. Lean Drilling was applied to a very challenging ERD well. Starting with a slot recovery that historically took 29 days being completed in 18, the well concluded 31 days (30%) ahead of past performance including a 1000m horizontal section. The challenges that were overcome to achieve this performance included active faulting in the over burden section, very tight equivalent circulating density (a narrow band between rock strength and pore pressure), lost circulation, over pressurized shale, proximity of well bores, distorted seismic date with non-homogeneous pressure depletion and flowing chalk in the reservoir.