Oil and gas megaprojects have adopted project management practices, such as interface management, change management, and risk management to manage increased project complexity caused by many factors, including complex engineering, the involvement of numerous global stakeholders, and changing environmental factors. However, integrating these key business practices continues to remain a challenge for many organizations.
This paper discusses specific approaches on how an integrated solution creates cross-discipline data relationships that provide teams with better information for decision making and progress tracking, and thus helps to improve project performance. In particular, specific attention is paid to interface management and its impact on other well-established practices (i.e. change management, risk management, and deliverables management).
Projects will find value in integration across all of these processes by allowing interface management either to feed information into or receive information from them. Key benefits include:
- Increased visibility
- Early identification of potential issues
- Consistent execution and data capture
- Better decision making with better data and data links
- Real-time information distribution between all parties (including interfacing parties)
- Less time spent searching for information