IPA Newsletter December 2015 (Volume 7, Issue 4)
In this issue:
Getting Troubled Projects Back On Track: IPA’s Project Recovery Analysis
Although organizations never plan for their projects to go “off the rails,” it is still a fairly common occurrence in the capital project world. When organizations find their projects suffering significant issues during execution, IPA is able to help get the project back on track with its Project Recovery Analysis.
A Shifting Focus for E&P Spending
Until recently, the majority of E&P spending targeted increasing production volumes and growth, as well as finding new reserves. Today, investment in very large projects aimed at bringing production online and finding new reserves is declining, but investment in “smaller” maintenance and sustaining capital projects is on the rise, and the potential consequences for not effectively delivering these jobs will become more significant.
IPA Singapore Partners with UN Women for Project Inspire
In IPA’s world, the very mention of the word “project” conjures up images of offshore platforms, refineries, chemical plants with long runs of pipe, heavy equipment, and hard hats. There is great complexity involved in developing and evaluating these projects. Project Inspire, sponsored by the Singapore Committee for UN Women, is not a typical IPA project, but it is certainly no less complex.
Quantifying the Unknown: Executing Projects in New Regions
Among the challenges our clients’ business executives confront on a regular basis is evaluating risks inherent to highly visible capital projects. This is particularly true of regional project risks. When an owner company is looking to invest in a region for the first time, the difficulty is even greater.
Also in this issue:
- USGC Labor Market Study – Current State & Forecast Service
- New Approaches to Measuring Engineering Practices
- The Lure of Modular Construction: Assessing the Advantages and Risks
- The CEC’s Value to Cost Engineers
- IPA Launches Online Oil & Gas Asset Economics Simulator Software
- Plus more