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Agile Project Management
An Illustration Using Oil and Gas Facilities Design
English
31 b
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Why do so many projects in the Oil and Gas industry fail?
According to Janeen Judah, 2017 Society of Petroleum Engineers (SPE) president, Independent Project Analysis (IPA) estimated that only about 18% of major capital projects meet both cost and schedule targets. A 2016 SPE Technical Report showed that roughly 20% of large capital projects in the Oil and Gas industry are considered successful. In order to find alternative approaches that would lead to more successful projects in the future, we must first understand the biggest root causes of such failure rates.
Is it the lack of transparency? Is it miscommunication between disciplines? Is it misaligned goals? Or is it something even deeper than this?
This hands-on workbook will take you on a journey of self-discovery to identify current gaps in your capital project management. By the time you reach the end of this workbook, you will have gained powerful tools that you can apply in your workplace right away to improve your project success rates. Join us in exploring the value of an alternative mindset that transcends a specific industry and is applicable to a variety of complex, cross-functional, and unpredictable new facility design projects.
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