Keep the big picture in mind, don’t overlook the small stuff—and take things one step at a time.
What we do can be put simply. Make sure you have the right people to do the right things at the right time to deliver the desired output—on time and on budget. But when you factor in the harsh conditions and the engineering complexity of large upstream energy projects, what’s easily stated is less easy to pull off.
Risk profiling categorizes specific project risks as certain (‘known knowns’) and less certain (‘known unknowns’), with all other risks as unforeseeable (ie, surprises). To increase your knowledge, we then apply the lens of our Peak PRM (project risk management) which brings input from past projects, industry studies, academic research, team experiences, and so on. A better understanding of the level and nature of those known risks maximizes certainty on the project.
Scenario planning maps out the project’s strategy to reduce value erosion, identifying the project’s boundaries of failure, periods and aspects of heightened vulnerability, when your team may need additional expert advice and specialist support. We also look out for windows of opportunity within the project’s overall plan.
Defining your project right from the start
Defining the project takes in all aspects from planning and scheduling to how you’ll allocate budgets, control costs and measure performance. How will you manage all the interfaces between stakeholders? And how will you track and mitigate your risk profile as you go?
We have the industry knowledge to understand what scope of work is feasible and the project breakdown structure needed to realize it. Strategy and execution are all about making decisions under conditions of uncertainty. From authorization for expenditure to organizing project resources and expediting processes, we’ve got the tools and templates you need to manage your schedule and risk profile.
Whatever your requirements, we can tailor our suite of services to provide the mentoring and support you need for success. We’ll work with you to make sure you’re mission-ready, so you can push the limits while minimizing the risks.
To better understand what we actually do, dive into the stories below.