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The Application of Success Probabilities, Success Driven Project Management, and Some Critical Chain Concepts To the Oil & Gas Industry in Brazil Russell D. Archibald,  USA Vladimir Liberzon,  Russia Peter Berndt de Souza Mello,  Brazil PMI COS  5th Conference,  May 4-7 2008, Chicago USA
Presentation Outline ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],PMI COS  5th Conference,  May 4-7 2008, Chicago USA
THE NEED FOR MANAGING UNCERTAINTIES, RISKS, & RESOURCE RESTRICTIONS IN PROJECTS ,[object Object],[object Object],[object Object],[object Object],PMI COS  5th Conference,  May 4-7 2008, Chicago USA
Success Driven Project Management  (SDPM) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],PMI COS  5th Conference,  May 4-7 2008, Chicago USA
Success Driven Project Management (SDPM) ,[object Object],[object Object],[object Object],[object Object],PMI COS  5th Conference,  May 4-7 2008, Chicago USA
Resource Critical Path/RCP ,[object Object],[object Object],PMI COS  5th Conference,  May 4-7 2008, Chicago USA
Success Probability ,[object Object],[object Object],PMI COS  5th Conference,  May 4-7 2008, Chicago USA
Eight Integration Methods Used ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],PMI COS  5th Conference,  May 4-7 2008, Chicago USA
Eight Integration Methods   (Cont ’ d) ,[object Object],[object Object],[object Object],[object Object],PMI COS  5th Conference,  May 4-7 2008, Chicago USA
Eight Integration Methods  (Cont ’ d) ,[object Object],[object Object],PMI COS  5th Conference,  May 4-7 2008, Chicago USA
Eight Integration Methods   (Cont ’ d) ,[object Object],[object Object],[object Object],[object Object],PMI COS  5th Conference,  May 4-7 2008, Chicago USA
Methods Unique to SDPM ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],PMI COS  5th Conference,  May 4-7 2008, Chicago USA
SDPM versus CCM ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],PMI COS  5th Conference,  May 4-7 2008, Chicago USA
SDPM versus CCM (cont’d) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],PMI COS  5th Conference,  May 4-7 2008, Chicago USA
SDPM versus CCM (cont’d)   Risk Evaluation & Prediction ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],PMI COS  5th Conference,  May 4-7 2008, Chicago USA
SDPM versus CCM (cont’d)   Progress Evaluation  & Decision Making ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],PMI COS  5th Conference,  May 4-7 2008, Chicago USA
SDPM versus CCM (cont’d)   Project Portfolio Management ,[object Object],[object Object],[object Object],[object Object],[object Object],PMI COS  5th Conference,  May 4-7 2008, Chicago USA
SDPM versus CCM (cont’d)   Periodic Schedule & Cost Performance Evaluation ,[object Object],[object Object],[object Object],[object Object],PMI COS  5th Conference,  May 4-7 2008, Chicago USA
MC vs Using 3 Estimates:   Inputs ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],PMI COS  5th Conference,  May 4-7 2008, Chicago USA
MC vs Using 3 Estimates:   Process Methods ,[object Object],[object Object],[object Object],[object Object],[object Object],PMI COS  5th Conference,  May 4-7 2008, Chicago USA
MC vs Using 3 Estimates:  Completion Date ,[object Object],[object Object],PMI COS  5th Conference,  May 4-7 2008, Chicago USA
MC vs Using 3 Estimates:   Progress Evaluation ,[object Object],[object Object],[object Object],[object Object],PMI COS  5th Conference,  May 4-7 2008, Chicago USA
MC vs Using 3 Estimates:   Pro ,[object Object],[object Object],[object Object],[object Object],[object Object],PMI COS  5th Conference,  May 4-7 2008, Chicago USA
MC vs Using 3 Estimates:  Cons ,[object Object],[object Object],[object Object],[object Object],[object Object],PMI COS  5th Conference,  May 4-7 2008, Chicago USA
MC vs Using 3 Estimates:   Using a Summary Model ,[object Object],[object Object],[object Object],PMI COS  5th Conference,  May 4-7 2008, Chicago USA
MC vs Using 3 Estimates:   Merge Bias Question ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],PMI COS  5th Conference,  May 4-7 2008, Chicago USA
The Russian Approach to Project Planning ,[object Object],[object Object],[object Object],[object Object],[object Object],PMI COS  5th Conference,  May 4-7 2008, Chicago USA
Is this the real critical chain ? (Photo in Amazon, enjoying a couple of days off the Urucu/Manaus Project – Peter Mello, 2007)
Experience to Date: SDPM & RCP in Brazil ,[object Object],[object Object],PMI COS  5th Conference,  May 4-7 2008, Chicago USA
Experience to Date: SDPM & RCP in Brazil ,[object Object],[object Object],[object Object],PMI COS  5th Conference,  May 4-7 2008, Chicago USA
Slowing Down to Speed Up !! ,[object Object],PMI COS  5th Conference,  May 4-7 2008, Chicago USA
Fragnets ,[object Object],[object Object],PMI COS  5th Conference,  May 4-7 2008, Chicago USA
Fragnets ,[object Object],PMI COS  5th Conference,  May 4-7 2008, Chicago USA
Fragnets PMI COS  5th Conference,  May 4-7 2008, Chicago USA Schedule optimization
Fragnets PMI COS  5th Conference,  May 4-7 2008, Chicago USA 800 meters per day 1150 meters per day Slow down Speed up
Scheduling optimization in a few words ,[object Object],[object Object],[object Object],PMI COS  5th Conference,  May 4-7 2008, Chicago USA
PMI COS  5th Conference,  May 4-7 2008, Chicago USA
PMI COS  5th Conference,  May 4-7 2008, Chicago USA 9 DAYS 10 DAYS
SDPM is expanding in Brazil ,[object Object],[object Object],PMI COS  5th Conference,  May 4-7 2008, Chicago USA
SDPM is expanding in Brazil ,[object Object],[object Object],[object Object],PMI COS  5th Conference,  May 4-7 2008, Chicago USA
SDPM is expanding in Brazil ,[object Object],[object Object],[object Object],PMI COS  5th Conference,  May 4-7 2008, Chicago USA
SDPM is expanding in Brazil ,[object Object],[object Object],[object Object],[object Object],PMI COS  5th Conference,  May 4-7 2008, Chicago USA
SDPM is expanding in Brazil ,[object Object],[object Object],[object Object],[object Object],[object Object],PMI COS  5th Conference,  May 4-7 2008, Chicago USA
PMI COS  5th Conference,  May 4-7 2008, Chicago USA Three point estimates Most Probable applied Pessimistic applied Most Probable Planning Pessimistic Planning Optimistic Planning
PMI COS  5th Conference,  May 4-7 2008, Chicago USA Optimistic with  Critical Schedule Calculated
PMI COS  5th Conference,  May 4-7 2008, Chicago USA Success Probability PMI COS  5th Conference,  May 4-7 2008, Chicago USA Tipical Schedule The real world Buffer protection
PMI COS  5th Conference,  May 4-7 2008, Chicago USA Success Probability – The paradox ,[object Object],[object Object],[object Object]
PMI COS  5th Conference,  May 4-7 2008, Chicago USA Success Probability – The paradox ,[object Object],[object Object],[object Object],SDPM will create calculated critical schedules that will establish the necessary balance between cost & time effectiveness and the expected success probability, according to goals agreed with stakeholders.
Conclusions ,[object Object],[object Object],PMI COS  5th Conference,  May 4-7 2008, Chicago USA
Conclusions (Cont’d) ,[object Object],[object Object],PMI COS  5th Conference,  May 4-7 2008, Chicago USA
Conclusions (Cont’d) ,[object Object],[object Object],[object Object],PMI COS  5th Conference,  May 4-7 2008, Chicago USA
A Few Useful Links ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],PMI COS  5th Conference,  May 4-7 2008, Chicago USA
[object Object],[object Object],[object Object],[object Object]
PMI COS  5th Conference,  May 4-7 2008, Chicago USA

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Applying Success Probabilities and Critical Chain Concepts to Oil & Gas Projects in Brazil

  • 1. The Application of Success Probabilities, Success Driven Project Management, and Some Critical Chain Concepts To the Oil & Gas Industry in Brazil Russell D. Archibald, USA Vladimir Liberzon, Russia Peter Berndt de Souza Mello, Brazil PMI COS 5th Conference, May 4-7 2008, Chicago USA
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  • 28. Is this the real critical chain ? (Photo in Amazon, enjoying a couple of days off the Urucu/Manaus Project – Peter Mello, 2007)
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  • 34. Fragnets PMI COS 5th Conference, May 4-7 2008, Chicago USA Schedule optimization
  • 35. Fragnets PMI COS 5th Conference, May 4-7 2008, Chicago USA 800 meters per day 1150 meters per day Slow down Speed up
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  • 37. PMI COS 5th Conference, May 4-7 2008, Chicago USA
  • 38. PMI COS 5th Conference, May 4-7 2008, Chicago USA 9 DAYS 10 DAYS
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  • 44. PMI COS 5th Conference, May 4-7 2008, Chicago USA Three point estimates Most Probable applied Pessimistic applied Most Probable Planning Pessimistic Planning Optimistic Planning
  • 45. PMI COS 5th Conference, May 4-7 2008, Chicago USA Optimistic with Critical Schedule Calculated
  • 46. PMI COS 5th Conference, May 4-7 2008, Chicago USA Success Probability PMI COS 5th Conference, May 4-7 2008, Chicago USA Tipical Schedule The real world Buffer protection
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  • 54. PMI COS 5th Conference, May 4-7 2008, Chicago USA