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Case Studies: E-value-ator
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 Project
Background
Client : A Major E&P Operator
Project : Construction of a new
offshore production facility which included a fully
integrated and mechanised drilling module.
Situation : The projects’ manager
had identified that the critical path of the plan to
First Oil was through the drilling facilities.
Èpeus was asked to conduct an
evaluation of the project and in particular the strategy
and approach to the drilling facilities commissioning.
Then to determine whether the project team could achieve
its targets and deliver First Oil by 7th January 2005.
The Findings
The review was conducted prior to commissioning
commencing and revealed that there was a less than 1%
probability that the project would achieve it’s target.
After building and running the project risk model a most
probable realisation of first oil was on or around the
23rd of February 2005.
Project Outcome
First Oil from this facility was announced on the 22nd
February 2005 one day ahead of the predictions from the
È-value-ator study conducted at the end of the execution
phase of the project. È-value-ator has been designed
specifically to provide you with information about the
approach of different and crucial project entities and
how that approach effects your project cost and
schedule.
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