🚨(FF) Flow or Fail: 🛢️ Big Oil's Deadly Addiction to Outdated Project Planning & Control.
In the high-stakes world of oil and gas, project success hinges on one factor above all else: Flow.
Flow is the number one consideration (even when it comes to cost)!
Yet, many organizations remain paralyzed by an "immune system" 🦠 resistant to change, clinging to outdated practices that prioritize individual projects/activities over the seamless flow of work and optimal utilization of resources, including POB (Personnel on Board) 👷♀️👷♂️, given the scarcity of accommodations on platforms and barges.
This stubborn adherence to the past manifests as a reliance on independent projects with dedicated resources, leading to fierce competition for both personnel and accommodations, creating bottlenecks. 🚧 Traditional matrix and portfolio management systems, while well-intentioned, exacerbate the problem, failing to facilitate the fluid resource transitions crucial for optimal flow.
The result? 💸 Costly delays, squandered resources, and missed opportunities.
It's time for the oil and gas industry to shed its outdated practices and embrace a new era of project planning and control – one that eliminates local efficiency, optimizes resources to prioritize flow, and propels projects towards benefits realization. 🚀
Oh, by the way: One last point—flow is the number one consideration.
The question is, will your projects flow or fail?
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