Methodology for Project Evaluation
MetadataVis full innførsel
Recent studies reveal that the offshore projects undertaken on the Norwegian Continental Shelf failed consistently to deliver on time and budget. The study performed by Norwegian Petroleum Directorate (NPD) confirms major cost & schedule overruns. It was identified that numerous International oil and gas projects faced similar challenges in meeting the budgets and schedule. In spite of having various project management techniques, the oil companies (operators) still experience challenges to track the project deliverables. With the current lower oil prices, executing projects on time (OTD-On Time Delivery) according to the agreed budget is the need of the hour for the Norwegian oil and gas industry. This thesis looks into developing a methodology to track the projects and handles various project issues early so as to manage effective project deliveries. This study identifies various key issues that have promoted project failures in different project phases on an EPCIC project model. This thesis shows how to effectively capture the project issues and enhance overall project performance. This thesis covers various critical parameters that need to be managed in various phases of the EPCIC project. This thesis thus proposes a project evaluation methodology through using a “stage gate” criteria and also proposes a project model that could effectively manage the projects.
Master's thesis in Offshore technology: Industrial asset management
UtgiverUniversity of Stavanger, Norway
Viser innførsler beslektet ved tittel, forfatter og emneord.
Conceiving a Lean and Participative Project Management Framework Suited to Large-Scale Scientific Projects:: How to Adapt Existing Systems Engineering and Project Management Best Practices to CERN's Projects? Husby, Orjan (Master thesis, 2013)The use of project management methodologies has increased within most sectors the recent years. While project management earlier was an optional asset to an organization, the discipline is increasingly acknowledged as a ...
Front-end definition of projects: Ten paradoxes and some reflections regarding project management and project governance Samset, Knut Fredrik; Volden, Gro Holst (Journal article; Peer reviewed, 2015)The importance of the front-end decision-making phase in securing projects long-term success is being increasingly recognized. This area is underrepresented in the literature, but there are several key themes that run ...
Traditional project management vs project management in the music industry : Research to identify whether project management within the music industry is similar than in other industries. Lechheb, Amal (Master thesis, 2018)This research paper is addressing the topic of project management within the music industry. The background of this thesis is based on the author’s personal interest in project management and the music business. The ...