The surging global demand for energy has people in the Oil and Gas industry running flat out, with round-the-clock operations. They are working hard to execute the global capital-intensive projects to find, produce and deliver hydrocarbons, and to design, build and maintain the required infrastructure along the entire oil and gas value chain.
Microsoft's enterprise project management solutions intelligently manage the entire investment life cycle, from strategic portfolio decisions to managing work, providing real-time visibility to everyone in your organization.
So many projects, so many partners, contractors and suppliers-each with their own stand-alone scheduling system. It can be impossible to get a single comprehensive project schedule to plan and execute work, never mind trying to anticipate problems or derive an accurate status.
What's more, with the industry facing a worker shortage, the uncertainty in being able to staff projects with enough properly skilled workers further threatens on-time, on-budget delivery of capital projects.
Meanwhile, companies are under increasing pressure to maximize the profitability of mature declining assets, replace reserves and improve return on capital employed (ROCE). So executives need to know which projects will best help to achieve those goals and which projects can be properly capitalized, equipped and staffed for success.
Visibility is key
Better visibility means greater control over schedules, resource allocation, project success and, ultimately, corporate performance.
To minimize non-productive time (NPT) and delays, team members must work together from a common reliable schedule. Visibility into resources across your whole enterprise improves the accuracy and suitability to assign equipment, capital and properly skilled workers to maximize success for all projects. The ability to determine and green-light projects that best align with corporate objectives contributes significantly to achieving those objectives.
Microsoft and its partners can help
A single synchronized project database delivers the reliable source for all schedules, status reports, and issue tracking. A Web-based interface provides secure access from anywhere. Role-based views mean team members, managers and executives access information tailored to their specific needs.
Resource management tools track capital, equipment and workers across an entire enterprise, helping prevent assignment conflicts, which can lead to project delays. Portfolio management tools make it possible for executives to evaluate projects against corporate objectives and manage portfolio investments and work status.
Industry partners provide expertise in project management and implementation of Microsoft and custom tailored enterprise project solutions.
Increase Success
Overall corporate success hinges on the collective successes of all the individual projects as well as managing the portfolio of projects and advancing those that best align with corporate objectives.
The ability to manage resources across your enterprise helps improve productivity because workers are matched to suitable projects, and improve efficiency by avoiding equipment and capital conflicts. Reliable shared schedules and status information help project teams anticipate and resolve issues and work together more efficiently. Combined, these improvements in productivity and efficiency boost the odds of project success.
Portfolio management tools take the guess work out of determining which projects to do, thereby reducing uncertainty and risk.
The surging global demand for energy has people in the Oil and Gas industry running flat out, 24/7, to find, produce and distribute hydrocarbons and to design, build and maintain the required value chain infrastructure. Overall corporate success hinges on the collective successes of all the individual projects as well as managing the portfolio of projects and advancing those that best align with corporate objectives. Enterprise project management solutions from Microsoft and its partners intelligently manage the entire investment life cycle, from strategic portfolio decisions to managing work, providing real-time visibility to everyone in your organization.
Key Benefits
Enterprise Project Management solutions from Microsoft and its partners help businesses:
Improve corporate performance through portfolio optimization and improved project performance
Avoid schedule delays and resource conflicts
Reduce costs
Improve team member participation and collaboration
Effectively manage resources enterprise-wide
Integrate enterprise-wide with operational and line of business systems
Capture all investments within a central repository
Objectively prioritize business strategies and competing investments
Align the selected portfolio with the business strategy
Measure and track portfolio performance
