
Project Background
| Client |
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A drilling contractor
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Project
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FEED study looking at certain Through
Tubing Rotary Drilling (TTRD) upgrades to platform drilling facilities.
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| Situation |
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Competitive tendering for the Project
Management and Engineering for an estimated project duration of 101
days.
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Èpeus was asked to conduct a review of the project
and verify whether the project could be successfully implemented within
the proposed timescale of 101 days.
The Findings
The review revealed
that significant risks to completion within schedule existed and also
identified that certain technical issues had not been addressed by the
FEED study. The project model placed a 10% probability (P10) of
successful completion indicating that the contractor was optimistic when
setting schedule milestones. Risk mitigation exercises were conducted
resulting in a re-schedule of the project. This time the output
reflected a 90% (P90) probability providing that the new project
strategy was implemented.
Project Outcome
Graphical outputs from the model were included in
the tender to demonstrate independent verification of their proposed
strategy and schedule. Although the contractor was not the lowest bidder
they were awarded the work.
Èdge Enhancer has been
designed specifically to provide you with an edge over the competition
by demonstrating your ability to deliver.

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