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Project Management News from Monitor


How scheduling can take the pain out of shutdowns and turnarounds

In our industry, there’s no getting away from shutdowns, turnarounds and outages. Up and downstream, on and offshore, every asset in the energy business will be subject to at least one potentially expensive STO sooner or later. We might never look forward to them, but there are ways to mini...
Tags: Shutdown, Turnaround, Earned Value - View Article

How to win the future

Why you need to build digital systems today for success tomorrow Life is tough for the oil and gas industry right now, with fluctuating prices, rising costs and evolving legislation around the globe all eating into profits. The bad news is that the boom years - when big production just meant big...
Tags: Shutdown, Turnaround, Earned Value - View Article

Digital transformation for the oil and gas industry

How technology could unlock $1 trillion+ for oil and gas The recent downturn in the oil and gas industry, along with continued price volatility and the cost of adapting for a more sustainable future, has seen many operators struggle to make targets. One positive result is that companies are taking ...
Tags: project management, digital transformation - View Article

Putting the work in order using work packs and templates

Our client - a major oil and gas company working in exploration, development, production and supply - regularly faces the challenge of managing work on shutdowns, turnarounds and outages. STO projects need consistent, regular data input. Accurate estimates during planning, - and daily actuals and...
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Advanced Work Packaging with mpower

Advanced software for advanced work In oil and gas, we talk a lot about Time on Tools - the genuinely productive time our people spend actually doing their jobs. According to one recent study, average ToT in our industry is as low as 37%, with much of the rest of the time spent waiting around for...
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