- 25 April 2019
Jurys Inn Aberdeen, Guild Street, Aberdeen ABERDEEN AB11 5RG
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Member ticket: FREE
Non member ticket: £10.00
A new approach to lessons learned through leveraging experience and using machine learning
Learning project lessons is a key factor in continuous improvement. Andrew will introduce a major new initiative designed to help improve performance in UK Continental Shelf (UKCS) oil and gas projects.
The successful delivery of major Capital Projects is vital to the future development of new oil and gas fields as part of ensuring the Maximum Economic Recovery (MER) of hydrocarbons from the UKCS. Understanding the lessons learned from past projects is vital in helping to ensure the success of future projects.
The UK Oil and Gas Authority (OGA) carried out analysis of the 58 major projects executed between 2011 and 2016 in the UKCS. In 2017, the Authority published its findings in the report, “Lessons Learned from UKCS Oil and Gas Projects 2011-2016”. This report published in 2017 provided industry with valuable insights and information to improve project delivery.
We have now followed up this work with an additional study, working with operators to develop a new approach to lessons learned, transforming it from a simple list of lessons into a methodology that integrates the rich set of data from past and present projects. By leveraging this data and associated experience, we have the potential to transform project delivery performance, reduce cost and schedule overruns, and bring improved certainty to project delivery. By taking a data centric approach we also have the opportunity to develop the depth, breadth and quality of project delivery data thereby laying a deep foundation to exploit the potential of machine learning.
This presentation will summarise the initial findings and what the next stage for this work might be.
With over 25 years of experience in the oil and gas industry Andrew Buchan is now the Senior Project Advisor with the OGA. His role with the OGA is to support all UKCS operators to deliver successful projects through the full project life cycle from Appraise to Operation.
He has previously worked for major operators, such as Chevron, Conocophillips and Nexen on major capital projects in both topsides and subsea roles. Through his career, he has seen first hand, project success and failure, and learned what can help ensure successful project delivery.
This event is suitable for professionals with any level of experience.
APM Body of Knowledge 6th edition reference