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Offshore Asset Decommissioning, many risks and challenges, any opportunities?

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Decommissioning offshore oil & gas assets are multi-disciplinary in nature, and involve a broad range of risks and challenges including political, engineering, natural science, environmental management, sustainability, economics, social science and legal. The number of offshore oil & gas assets reaching their mid-end of their life, globally, is rising, meaning decommissioning projects are a real …

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risk allocation

10 effective principles for risk allocation in construction contract

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Common issues when allocating risks It is often assumed that one of the main aspects of risk allocation in major projects is the appropriateness and choice of contract delivery type, but CIOB research in 2008 indicated that the type of contract delivery has no material influence on the likelihood of completion on time. Engineers Australia …

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project management, project, management

33 measures of a robust Schedule Health Check for higher likelihood of success

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A high-quality, reliable Schedule The likelihood success of any project strongly depends on having an integrated and reliable master schedule that defines when and how long work will occur and how each activity is related to the others. The project schedule provides not only a road map for systematic project development and delivery but also …

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