driving competitiveness in small capital and portfolio ... conference - competitive...final...
TRANSCRIPT
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Theme:
Year: Date: Location:№
Driving Competitiveness in Small Capital and Portfolio Projects
Doing More with Less: A Roadmap to Capital Efficiency
Sept. 6-92017 Boca Raton, FL49
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Driving Competitiveness in Small Capital and Portfolio Projects
Driving Competitiveness in Small Capital and Portfolio Projects
Facilitator Panel Members
Anthony Caletka Tim Rowe Sandy Lee Heath SatterfieldPrincipal - Capital Projects and Infrastructure, PWC
VP Freeport Technical Site Support, BASF
Vice President Project Services, S & B
Sr Manager - E&P Project Management and
Continuous Improvement, Devon Energy
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Grounding: Where the Upstream sector was (2015/2016)
Driving Competitiveness in Small Capital and Portfolio Projects
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What is most important in Competitive Small Capital and Portfolio Projects?
Driving Competitiveness in Small Capital and Portfolio Projects
ECC Future Leaders Pre-Conference Survey:
Effective program management strategies
Collaborative Contracting Strategies
Governance & Assurance models for lower risk, lower spend projects
Right-sized Front End Planning
Efficiency focus throughout the project life cycle
Driving to a fit for purpose, industry standard design
Cost reduction emphasis: Impacts on Value
Balancing customization and standardization
Scope Replication &Version Control
EPC PerspectiveOwner’s Perspective Shared Perspective
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Panel Question 1:
How has the lower for longer oil price environment impacted your company andWhat does it mean to be competitive in this environment?
Driving Competitiveness in Small Capital and Portfolio Projects
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Panel Question 2:
How do you define capital efficiency?
Driving Competitiveness in Small Capital and Portfolio Projects
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Capital Efficiency Framework
Driving Competitiveness in Small Capital and Portfolio Projects
Link to Whitepaper:Driving capital efficiency to fuel oil and gas projects
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Panel Question 3:
What approach do you take regarding tools, processes or other methods that are different, when delivering competitive small projects or portfolios?
Driving Competitiveness in Small Capital and Portfolio Projects
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Panel Question 4:
How do you recommend balancing resources (demand) and priorities for a portfolio of small projects, with different customers or competing business drivers?
Driving Competitiveness in Small Capital and Portfolio Projects
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Final Thoughts:
Any last thoughts?
Driving Competitiveness in Small Capital and Portfolio Projects
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Final Thoughts:Any last thoughts?
Driving Competitiveness in Small Capital and Portfolio Projects
Ittakestherightpersontosucceedin“SmallProjects”(MegaProjectsaredifferent,buttherightsolution canbescaledupordown)
Demandplanningisasharedinterestitemthatdrivescompetitiveoutcomes
Culture ismostimportant,processdefinitionissecond,toolsandapplicationsaretetheredtosuccess
CompetitivenessandCapitalEfficiencyareuniversal,Strategy isspecific
Trustbasedrelationshipsavesownersmoneybyreducinglag- ”Speedtomarket”
Scheduleslipistheenemyofcompetitiveness– predictability,lessvariability
Cutandcopemindset– somethingsneedtobeforcedtochangeculture
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Questions from AudienceDriving Competitiveness in Small Capital and Portfolio Projects